Hindustan Unilever Q3 net profit rises 28% to Rs 13.26 billion

Consolidated total income rose 4% to Rs 87.42 bn as compared to Rs 84 bn in December 2016

Hindustan Unilever Ltd posted a 28% rise in its third-quarter profit on Wednesday, underpinned by higher sales from its personal care business.

Profit came in at Rs 13.26 billion in the quarter ended Dec. 31, from Rs 10.38 a year ago, the diversified consumer goods maker said. 

Total income during the quarter under review stood at Rs 87.42 billion as against Rs 84 billion in the year-ago period, up 4 per cent, it added.

"We have delivered another strong performance in the quarter, with broad based growth across categories and further improvement in margins," HUL Chairman Harish Manwani