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HUL Q2 net rises 16% to Rs 1,276 cr

Net sales increased 6.5% to Rs 8,199 cr

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BS Web Team New Delhi
FMCG major Hindustan Unilever reported 16% jump in net profit at Rs 1,276 crore for the quarter ended September 30 as against Rs 1,096 crore in the same period a year ago.

Net sales rose 6.5% to Rs 8,199 crore as compared to Rs 7,697 crore in September 2016.

The company declared interim dividend of Rs 8 per share.

Total income decreased 2.5% at Rs 8,513 crore as against Rs 8,733 crore a year ago.

The company said comparable domestic consumer growth during the quarter was 10%.

In the post-results press conference the company said, "Trade conditions continue to improve and that