Hindustan Unilever Q4 net up 5%; annual turnover crosses Rs 50,000 crore

HUL's reported numbers were better than industry growth. The company's volume growth was flat in the quarter compared with a contraction of 8 per cent for the industry

Hindustan Unilever (HUL), the country’s largest fast-moving consumer goods (FMCG) major, posted numbers in-line with Street expectations in the March quarter of financial year 2021-22 (Q4FY22) as its annual turnover crossed the Rs 50,000 crore-mark.

Its net profit rose 5.4 per cent year-on-year (YoY) to Rs 2,304 crore, compared with Rs 2,186 crore in the year-ago period. Revenue rose 10.7 per cent YoY to Rs 13,767 crore in Q4, as against Rs 12,433 a year ago.

HUL’s reported numbers were better than industry growth. The company’s volume growth was flat in the quarter compared with a contraction of 8 per cent for