HUL Q3 net up 18.8% at ₹1,938 crore; sales rise 20.3%

HUL Q3 net up 18.8% at ₹1,938 crore; sales rise 20.3% to ₹11,969 crore


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‘Growth across categories spurs profits,’ the consumer goods maker said in a regulatory filing.
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HUL's total expenses too rose 21.65% to ₹9,548 crore in Q3 FY2020-21 compared to ₹7,849 in the year-ago period.
  | Photo Credit: Reuters
‘Growth across categories spurs profits,’ the consumer goods maker said in a regulatory filing.
Hindustan Unilever Ltd. (HUL) reported standalone third-quarter net profit rose 19% to ₹1,921 crore, from ₹1,616 crore in the year-earlier period on broad-based growth across categories.
“We have significantly dialled up investments behind our portfolio and in building future-fit capabilities,” the consumer goods maker said in a regulatory filing. “Net revenue management and savings agenda has enabled us to drive a healthy bottom line.” 

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