FMCG major Hindustan Unilever, HUL Q3 net up 15% at Rs 872 crore for the third quarter ended December 31, 2012 from Rs 753.8 crore on year, Latest stock price
FMCG major Hindustan Unilever posted an increase of 15.5% in net profit at Rs 871.36 crore for the third quarter ended December 31, 2012 from Rs 753.8 crore on year.
During the quarter the domestic consumer business grew at 15% with volume growth of 5%. Both home and personal care (HPC) and foods and beverages (F&B) registered double digit growth, said the company.
Revenue for the quarter was up 12.5% at Rs 6,788.54 crore from Rs 6,035.6 crore.
Laundry delivered a strong performance across formats, and registered a growth of 20%. Products like Surf and Rin continued to drive category upgradation, clocking another quarter of double digit growth. The revenue for the quarter was Rs 3,171.23 crore.
On the operating margin front, HUL continued to continue its consistent gain. For the December quarter the operation margins improved by 40 basis points.
During the quarter, the total turnover of the company stood at Rs 6,788 crore, up 12.5% against Rs 6,035 crore in the previous corresponding quarter.
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