 "HUL, Hindustan Unilever, demonetisation, India, Brazil, recession, sales")
FMCG major Hindustan Unilever (HUL) Thursday reported a 9 per cent increase in its net profit to Rs 1,444 crore for the quarter ended December 2018 on account of strong volume growth.
The company had posted a net profit of Rs 1,326 crore in the October-December quarter of the previous fiscal.
Sales during the quarter under review stood at Rs 9,357 crore, up 12.42 per cent, as against Rs 8,323 crore in the corresponding period a year ago, HUL said in a regulatory filing.
"Domestic consumer growth was 13 per cent with underlying volume growth at 10 per cent. EBITDA
