HUL Q3 profit jumps 19% YoY to Rs 1,921 crore; revenue rises 20%

HUL had posted a profit of Rs 1,616 crore in the same period last year

Fast-moving consumer goods (FMCG) major Hindustan Unilever (HUL) on Wednesday posted an 18.87 per cent year-on-year (YoY) rise in its standalone net profit at Rs 1,921 crore in the December quarter. The firm had posted a profit of Rs 1,616 crore in the same period last year. 

However, sequentially, the profit figure dipped by 4.30 per cent from Rs 2,009 crore posted at the end of the September quarter.  

The revenue from the sale of products came in at Rs 11,682 crore, up 20.48 per cent YoY and 3.6 per cent quarter-on-quarter (QoQ).

Higher mobility, consumer relevant innovations and