Hindustan Unilever Net Profit Rises 14%
May 14 2018 - 7:27AM
Dow Jones News
By Corinne Abrams
MUMBAI--Hindustan Unilever Ltd. (500696.BY), the Indian arm of
Unilever PLC (ULVR.LN), reported a 14% rise in net profit for the
three months ended March.
The country's largest consumer-products maker said its net
profit was 13.51 billion rupees ($200.5 million) in the fiscal
fourth quarter, compared with 11.83 billion rupees a year earlier.
The results were in line with analysts' expectations.
Its revenue rose 2.6% to 90.03 billion rupees during the same
period.
Shares of Hindustan Unilever were roughly flat on the Mumbai
stock exchange.
Write to Corinne Abrams at corinne.abrams@wsj.com
(END) Dow Jones Newswires
May 14, 2018 07:12 ET (11:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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