HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr

The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal

FMCG major Hindustan Unilever Ltd (HUL) on Friday reported 12.95 per cent rise in consolidated net profit at Rs 1,631 crore for December quarter 2019-20, helped by higher margins and volume growth.

The company had posted a profit of Rs 1,444 crore in October-December period of the previous fiscal.

Net sales during the quarter under review stood at Rs 9,953 crore, up 3.87 per cent from Rs 9,582 crore in the year-ago period, HUL said in a regulatory filing.

HUL's "domestic consumer growth was 4 per cent with Underlying Volume Growth at 5 per cent" in the quarter, it said.

"This quarter witnessed an