By IANS,
Mumbai : Net profits of fast moving consumer goods (FMCG) giant Hindustan Unilever dipped 2.68 percent to Rs.5,431.9 crore in the first quarter this fiscal from Rs.5,581.8 crore in the same period a year ago.
The total income of the company increased 7.5 percent to Rs.44,758.8 crore in the first quarter of current fiscal from Rs.41,628.4 crore in the year-ago period.
While sale of FMCG products in the period under review grew by nearly 13 percent, that of health and personal care goods increased almost 12 percent.
The company’s foods business registered a handsome growth of over 17 percent.
The net profit for the quarter included profits earned from sale of property valued at Rs.27.6 crore and sale of a subsidiary, Shamnagar Estates, worth Rs.37.7 crore.