Hindustan Unilever's Q1 net profit rises 5.7% to Rs 1,897 cr; sales up 3.7%

Its total expenses increased 5.42 per cent to Rs 8,324 crore in Q1 FY2020-21, compared to Rs 7,896

FMCG major Hindustan Unilever on Tuesday reported a 5.7 per cent increase in consolidated net profit to Rs 1,897 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 1,795 crore in April-June quarter of the previous fiscal.

Its sales during the quarter under review rose 3.65 per cent to Rs 10,570 crore, as against Rs 10,197 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing.

"In a challenging context of Covid-19 disrupting markets and operations, HUL delivered a resilient performance with reported turnover growth