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HUL beats estimates on revenue, profit growth in January-March quarter

Reports a 41 per cent year-on-year jump in net profit to Rs 2,143 crore

hindustan unilever, HUL, fmcg
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Viveat Susan Pinto Mumbai
Hindustan Unilever (HUL), the country's largest consumer goods company, reported a 41 per cent year-on-year (YoY) jump in net profit to Rs 2,143 crore for the quarter ended March 31, 2021 (Q4), aided by a low base and an all-round recovery across segments.
 
Bloomberg consensus estimates had pegged Q4 net profit at Rs 1,967.9 crore. A year ago, HUL’s net profit stood at Rs 1,519 crore.
 
Sequentially, HUL reported a 11.6 per cent growth in net profit, though revenue wasn’t able to hold up that well, growing 2.3 per cent only versus the December quarter. Revenue includes net

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First Published: Apr 29 2021 | 11:56 PM IST

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