Hindustan Unilever posts slight profit rise, cuts prices to spur volume

Hindustan Unilever posts slight profit rise, cuts prices to spur volume

MUMBAI – Hindustan Unilever (LON:) Limited (HUL), a leading fast-moving consumer goods company in India, reported a marginal increase in net profit for the December quarter, with figures reaching Rs 2,519 crore ($1 = ₹83.12). Despite a slight decline in revenues, which stood at Rs 15,188 crore, the company managed to achieve an overall volume growth of 2%.The growth was primarily supported by the home care and beauty/personal care segments, which demonstrated resilience and delivered…
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Source: https://in.investing.com/news/hindustan-unilever-posts-slight-profit-rise-cuts-prices-to-spur-volume-93CH-3981342