Hindustan Unilever net profit dips 22 percent

By IANS,

Mumbai : Fast moving consumer goods giant Hindustan Unilever Saturday said its net profit for the quarter ended Sep 30 fell almost 22 percent to Rs.429 crore.


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It had earned Rs.547 crore in the same quarter of the previous fiscal.

Net sales of the company increased by 5 percent to Rs.4,228 crore during the quarter under review from Rs.4,028 crore a year ago.

The scrip of the company closed at Rs.282.95 Friday and gained over 7.65 percent in October.

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