Hindustan Unilever fourth quarter profit up 7 percent, beats estimates

Explore Business Standard
Associate Sponsors

MUMBAI (Reuters) - Hindustan Unilever Ltd (HUL) , India's largest consumer goods firm, said on Monday its fourth-quarter profit rose 7 percent, beating analysts' expectations due to higher sales of its skin care, hair care, and packaged food products.
Net profit for the quarter ended March was 10.90 billion rupees ($164.06 million), compared with 10.18 billion rupees a year earlier. Analysts polled by Thomson Reuters estimated a profit of 10.78 billion rupees on average.
($1 = 66.4400 Indian rupees)
(Reporting by Zeba Siddiqui in Mumbai; Editing by Sunil Nair)
First Published: May 09 2016 | 2:50 PM IST