 "HUL")
Hindustan Unilever (HUL) hit a new high of Rs 1,095, up 2.6% on the BSE; extending its 8% gain of the past nine trading sessions, after the country’s largest consumer goods company, reported a better-than-expected March-quarter result (Q4FY17).
The company’s ebitda (earnings before interest, tax, depreciation and amortization) margin improved 90bps to 18.8% from 17.9% reported in the previous year quarter.
Volume growth, a crucial metric tracked by most analysts and investors, came in at 4% for the March quarter, after two consecutive quarters of decline.
“After registering 4% decline in underlying volume growth in December quarter,
The company’s ebitda (earnings before interest, tax, depreciation and amortization) margin improved 90bps to 18.8% from 17.9% reported in the previous year quarter.
Volume growth, a crucial metric tracked by most analysts and investors, came in at 4% for the March quarter, after two consecutive quarters of decline.
“After registering 4% decline in underlying volume growth in December quarter,
