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Hindustan Unilever Q4 profit up 15 percent, beats forecast

Source : REUTERS
Last Updated: Mon, Apr 29, 2013 08:59 hrs
HUL volume growth slows, shares fall

Hindustan Unilever Ltd , the Indian unit of Anglo-Dutch Unilever Plc , beat market forecasts with a 15 percent increase in quarterly net profit.

India's largest manufacturer of household products and consumer goods posted on Monday a net profit of 7.87 billion rupees ($144.7 million) for the fiscal fourth quarter ended March. 31, from 6.87 billion rupees a year earlier.

Analysts had expected a net profit of 7.6 billion rupees, according to Thomson Reuters Starmine Estimates.


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