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Hindustan Unilever Posts Impressive Earnings In June 2012 Quarter

July 23, 2012: 12:00 AM EST
Hindustan Unilever Limited reported its net profit grew 112 percent to Rs.1,331 Crores, after accounting for exceptional income of Rs.607 Crores from sale of properties,in the quarter ending June 2012 compared with similar period of the previous year. The company said its business grew 19 percent, with sales volume rising 9 percent, during the quarter ending in June 2012. Personal care products posted double-digit growth rates at 17 percent, with soaps and detergents recording a 24 percent expansion. All laundry brands, as well as all segments and key brands of the skin-cleansing business, posted double-digit growth rates. HUL also reported its beverages business grew 7 percent, driven by strong growth in the coffee segment. Meanwhile, packaged foods rose 17 percent.
"HUL June Quarter 2012 Financial Results", Hindustan Unilever, July 23, 2012, © Unilever
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