 "HUL")
The country’s largest consumer goods company, Hindustan Unilever (HUL), on Thursday delivered its fifth straight quarter of double-digit volume growth for the three months ended December 2018 at 10 per cent, as the firm reined in price hikes amid a challenging macro-economic environment.
Analysts had factored in volume growth of 8-10 per cent for the quarter under review, implying the figure was in line with Street estimates. However, net profit growth was the slowest in over a year at 8.9 per cent to Rs 1,444 crore, as the company had a higher tax outgo of Rs 510 crore for
Analysts had factored in volume growth of 8-10 per cent for the quarter under review, implying the figure was in line with Street estimates. However, net profit growth was the slowest in over a year at 8.9 per cent to Rs 1,444 crore, as the company had a higher tax outgo of Rs 510 crore for
