HUL Q2 net down 2.62% at Rs 962.24 cr

FMCG major Hindustan Unilever Ltd today reported a decline of 2.62 per cent in its standalone net profit at Rs 962.24 crore for the second quarter ended September 30, 2015-16.

The company had posted net profit of Rs 988.16 crore in the July-September quarter of the 2014-15 fiscal.

HUL's net sales however climbed 4.74 per cent to Rs 7,819.64 crore during the quarter under review as against Rs 7,465.54 crore in the earlier quarter, the company said in a BSE filing.

HUL stock was trading at Rs 801.05, down 1.4 per cent, on the BSE.