HUL Q1 net profit rises 10% YoY to Rs 2,061 crore, revenue jumps 13%

Earnings before interest, tax, depreciation and amortisation grew 8 per cent YoY to Rs 2,847 crore as against Rs 2,644 crore

Hindustan Unilever (HUL), the fast-moving consumer goods (FMCG) maker, on Thursday posted a standalone net profit of Rs 2,061 crore for the quarter ended June 2021, implying growth of 9.56 per cent on a year-on-year (YoY) basis. Its standalone net profit stood at Rs 1,881 crore in the corresponding quarter last fiscal. On a sequential basis, profit for the quarter declined by 3.8 per cent as against Rs 2,143 crore posted in the March 2021 quarter.

The standalone revenue from operations during Q1 of financial year 2021-22 (FY22) rose 12.83 per cent YoY but declined 1.8 per cent quarter-on-quarter