HUL rises 2 pc after Q2 earnings

Image
Press Trust of India New Delhi
Last Updated : Oct 15 2019 | 11:05 AM IST

The scrip of FMCG major Hindustan Unilever (HUL) on Tuesday advanced about 2 per cent after the company reported a 21.18 per cent rise in standalone net profit for the quarter ended on September 30.

It rose by 1.89 per cent to Rs 2,052.90 on the BSE; while on the NSE, it jumped 1.93 per cent to Rs 2,053.20.

HUL on Monday posted a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, beauty and personal care verticals.

The company had reported a net profit of Rs 1,525 crore for the corresponding period of the previous fiscal, HUL said in a filing to BSE.

Standalone sales during the quarter under review stood at Rs 9,708 crore as against Rs 9,138 crore for the same period year ago.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 15 2019 | 11:05 AM IST

Next Story