Hindustan Unilever September Quarter Profit Rises 21%

INSUBCONTINENT EXCLUSIVE:
September 30
5.60 per cent to Rs 9,708 crore in the second quarter of the current financial year, the company said in a regulatory filing after market
hours
Shares in Hindustan Unilever rose as much as 1.34 per cent during the session ahead of the earnings announcement before giving up more than
performance and sustained margin improvement
Our focus on consumer value, excellence in execution and market development continues to serve us well," said Sanjiv Mehta, chairman and
managing director of Hindustan Unilever.Hindustan Unilever's operating profit or earnings before interest, tax, depreciation and
Hindustan Unilever said its operating profit margin improved by 200 basis points."The near-term outlook for demand especially in rural India
remains challenging
We welcome the various measures announced by the Government and the Reserve Bank of India to spur investment and improve liquidity and are
confident that the government will take all necessary steps for higher income transference to rural India," Mr Mehta added.The FMCG major's
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