HUL’s Q2 consolidated net profit logs grows 8.6%

0

Mumbai: HUL’s Q2 consolidated net profit logs grow 8.6%. Hindustan Unilever on Tuesday reported an 8.58 percent growth in its consolidated net profit for the July-September quarter at Rs 1,974 crore.HUL’s Q2 consolidated net profit logs grow 8.6%. The company had reported a consolidated net profit of Rs 1,818 crore during the same period of the last financial year (2019-20).

Its revenue from the sale of products stood at Rs 11,510 crore during the period under review, against Rs 9,931 crore earned during the second quarter of the last fiscal.

Sanjiv Mehta, Chairman and Management Director of HUL, said: “In the context of a challenging economic environment, our growth has been competitive and profitable. We continue to demonstrate execution prowess, agility, adaptability, resilience, and passion of our people.”

“We have expanded our portfolio with consumer-relevant innovations and have invested strongly behind our brands. Our operations and service levels are now back to pre-Covid levels and we have accelerated the pace of digitizing our operations under the ‘Re-imagine HUL’ agenda,” he said.

–IANS

Share.

About Author

Maintain by Designwell Infotech