HUL Q4 net rises 12.74% to Rs2,601 cr
Board recommended a final dividend of Rs22 for FY23 on equity shares of Re1 each
Hindustan Unilever Ltd
New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported an increase of 12.74 per cent in its consolidated net profit at Rs2,601 crore for the fourth quarter ended March 31, 2023, led by underlying volume growth and improvement in margins.
The company had posted a net profit of Rs2,307 crore in the January-March quarter of the previous fiscal. Its net sales during the quarter under review stood at Rs14,926 crore, up 10.83 per cent, as against Rs13,468 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing.
Sanjiv Mehta, CEO and MD, HUL, said: “In challenging circumstances of geo-political uncertainties, high commodity inflation and tepid market growths, I am pleased that we have delivered yet another year of strong and resilient performance.”
