United Kingdom

Hindustan Unilever Sept quarter profit up about 16 pct

Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Hindustan Unilever Ltd :Sept quarter profit 12.76 billion rupees versus profit of 10.96 billion rupees last year.Consensus forecast for sept quarter profit was 11.85 billion rupees.Declared interim dividend of 8 rupees per share.Sept quarter total income 85.13 billion rupees versus 87.33 billion rupees last year.Says comparable domestic consumer growth of 10 percent in qtr‍​‍​.Trade conditions continue to improve; wholesale channel steadily normalising.While transition to gst impacted trade purchases in early part of quarter, consumer offtake remained stable‍​.