HUL Reports Strong Net Profit Gain In January-March Quarter 2016

Hindustan Unilever Ltd. reported net profit rose 7.02 percent to Rs 1,089.59 crore for the January-March quarter 2016, compared with the same period in 2015. Net sales increased 3.36 percent to Rs 7,809.40 crore, compared with the same quarter in the previous year. For its fiscal year 2015-2016, consolidated net profit dropped 6.43 percent to Rs 4,082.42 crore, compared with Rs 4,363.08 crore in the previous fiscal year. Consolidated net sales rose 4.11 percent to Rs 32,482.72 crore during the fiscal year.