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Hindustan Unilever profit up 6.2 pct, beats estimates

Reuters 

- Hindustan Ltd, maker of products ranging from Lakme cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products.

Net profit rose to 11.83 billion rupees ($184.57 million) in the quarter ended March 31, compared with 11.14 billion rupees a year earlier, the company said on Wednesday. (http://bit.ly/2rpZEWs)

Analysts polled by Thomson estimated a profit of 10.80 billion rupees on average.

Revenue from the company's personal care segment, which houses brands such as Vaseline and Pond's, rose about 8 percent to 40.75 billion rupees.

($1 = 64.0950 Indian rupees)

(Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Hindustan Unilever profit up 6.2 pct, beats estimates

REUTERS - Hindustan Unilever Ltd, maker of products ranging from Lakme cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products.

- Hindustan Ltd, maker of products ranging from Lakme cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products.

Net profit rose to 11.83 billion rupees ($184.57 million) in the quarter ended March 31, compared with 11.14 billion rupees a year earlier, the company said on Wednesday. (http://bit.ly/2rpZEWs)

Analysts polled by Thomson estimated a profit of 10.80 billion rupees on average.

Revenue from the company's personal care segment, which houses brands such as Vaseline and Pond's, rose about 8 percent to 40.75 billion rupees.

($1 = 64.0950 Indian rupees)

(Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Hindustan Unilever profit up 6.2 pct, beats estimates

- Hindustan Ltd, maker of products ranging from Lakme cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products.

Net profit rose to 11.83 billion rupees ($184.57 million) in the quarter ended March 31, compared with 11.14 billion rupees a year earlier, the company said on Wednesday. (http://bit.ly/2rpZEWs)

Analysts polled by Thomson estimated a profit of 10.80 billion rupees on average.

Revenue from the company's personal care segment, which houses brands such as Vaseline and Pond's, rose about 8 percent to 40.75 billion rupees.

($1 = 64.0950 Indian rupees)

(Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22