Hindustan Unilever 3Q Net Profit Rises 18% To INR7.54 Billion; Beats View

Date : 02/06/2012 @ 3:56AM
Source : Dow Jones News
Stock : Unilever (UL)
Quote : 57.08  0.43 (0.76%) @ 4:02PM

Hindustan Unilever 3Q Net Profit Rises 18% To INR7.54 Billion; Beats View

Unilever America (NYSE:UL)
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Hindustan Unilever Ltd. (500696.BY) Monday topped estimates with an 18% rise in net profit for the third quarter through December to INR7.54 billion from INR6.38 billion a year earlier.

Sales grew 16% to INR58.53 billion from INR50.27 billion, India's largest consumer goods maker by sales said.

The average forecast in a Dow Jones Newswires poll of 16 analysts was for a net profit of INR7.06 billion.

-By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com

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