ADVERTISEMENT
Daily Expert News
No Result
View All Result
Saturday, August 13, 2022
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
Daily Expert News
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
No Result
View All Result
Daily Expert News
No Result
View All Result
  • Home
  • World
  • Economy
  • Business
  • Markets
  • Arts & Culture
  • Education & Career
  • India
  • Politics
  • Top Stories
ADVERTISEMENT
Home Economy

HUL Q1 Results: Net Profit Up 14% to Rs 2,391 Crore, Total Income Up 20.36%

by Nick Erickson
July 19, 2022
in Economy
128 5
0
HUL Q1 Results: Net Profit Up 14% to Rs 2,391 Crore, Total Income Up 20.36%
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


New Delhi: FMCG wholesaler Hindustan Unilever Ltd on Tuesday reported a 13.85 percent increase in its consolidated net profit to Rs 2,391 crore for the first quarter ended June 2022. The company had posted a net profit of Rs 2,100 crore in the April-April period. June quarter of the previous fiscal year.

Total income increased by 20.36 percent during the assessed quarter at Rs 14,757 crore. It stood at Rs 12,260 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing. Total expenses were 20.79 percent higher at Rs 11,531 crore compared to Rs 9,546 crore in the first quarter of the last fiscal year.

“In an environment that remains challenging, characterized by unprecedented inflation and the consequent impact on consumption, we delivered another quarter of robust top-line and bottom-line performance,” said HUL CEO and Managing Director Sanjiv Mehta. The company grew competitively while protecting its business model by keeping margins in a healthy range, he added.

On the outlook, he said: “While there are short-term inflation concerns, the recent weakening of commodities, the forecast of a normal monsoon and government monetary/fiscal measures bode well for the industry”. “We are confident in the medium to long-term outlook for the Indian FMCG industry and remain focused on delivering consistent, competitive, profitable and responsible growth,” he said.

HUL said the home care segment grew 30 percent in the first quarter of this fiscal year, driven by strong performance in fabric laundering and home care, with both categories growing at a high double-digit rate. Shares of HUL on Tuesday settled at Rs 2,566 on BSE, up 0.52 percent from the previous close.

Get all the latest news, breaking news, watch top videos and live TV here.

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Tags: CroreDailyExpertNewsHULIncomeNetprofitresultstotal

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
ADVERTISEMENT

Related Posts

IT shares rise 14% as board of directors considers issuance of bonus shares next week; Do you own?
Economy

IT shares rise 14% as board of directors considers issuance of bonus shares next week; Do you own?

August 3, 2022
GST rules for cash withdrawals, IC beds and crematoria? FM Sitharaman clarified
Tax News

GST rules for cash withdrawals, IC beds and crematoria? FM Sitharaman clarified

August 3, 2022
SpiceJet flies over 16% as Ajay Singh explores the possibility of a partial sale of shares
Economy

SpiceJet flies over 16% as Ajay Singh explores the possibility of a partial sale of shares

August 3, 2022
Zomato shares fall for second day, tank more than 8% today; What is driving the sale?
Economy

Zomato Shares Recover After 10% Dip on Multiple Block Deal Reports

August 3, 2022
Top picks as convenient quality stocks trade at a discount ahead of Q1 earnings season
Economy

Stocks to watch today: Voltas, Lupine, InterGlobe Aviation, Vodafone Idea and others

August 3, 2022
Zomato Share Sale: Big Block Deal at Company Likely Tomorrow, Seller Name Not Revealed
Economy

Zomato Share Sale: Big Block Deal at Company Likely Tomorrow, Seller Name Not Revealed

August 2, 2022
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
This optical illusion has a revelation about your brain and eyes

This optical illusion has a revelation about your brain and eyes

June 6, 2022
NDTV Coronavirus

Viral video: Chinese woman pinned down, Covid test carried out by force

May 5, 2022
Hundreds In Sarees At UK

Hundreds of sarees at Britain’s Royal Ascot Horse Race to help Indian weavers

June 16, 2022
Sabrina's parents love her. But the meltdowns are too many.

Sabrina’s parents love her. But the meltdowns are too many.

June 1, 2022
Skyrocketing global fuel prices threaten livelihoods and social stability

Skyrocketing global fuel prices threaten livelihoods and social stability

1

Hello world!

0
NDTV News

IT startup Fareye aims to change Unicorn within a year, founder says

0
How did Stephanie Murphy, a holdout on Biden's agenda, help save it?

How did Stephanie Murphy, a holdout on Biden’s agenda, help save it?

0
Salman Rushdie is attacked on stage in Western New York

Salman Rushdie is attacked on stage in western New York.

August 13, 2022
Author Salman Rushdie On Ventilator After Stabbing, Attacker Identified

Author Salman Rushdie on fan after stabbing, attacker identified

August 13, 2022
A win for Biden and a bet on America's future

A win for Biden and a bet on America’s future

August 13, 2022
NDTV News

Delhi lawyer charged with beating police officer gets bail

August 13, 2022

Recent News

Salman Rushdie is attacked on stage in Western New York

Salman Rushdie is attacked on stage in western New York.

August 13, 2022
Author Salman Rushdie On Ventilator After Stabbing, Attacker Identified

Author Salman Rushdie on fan after stabbing, attacker identified

August 13, 2022

Categories

  • Africa
  • Americas
  • art-design
  • Arts
  • Asia Pacific
  • Astrology News
  • books
  • Books News
  • Business
  • Cricket
  • Cryptocurrency
  • Dance
  • Dining and Wine
  • Economy
  • Education & Career
  • Europe
  • Fashion
  • Food
  • Football
  • Gadget
  • Gaming
  • Golf
  • Health
  • Hot News
  • India
  • Indians Abroad
  • Lifestyle
  • Markets
  • Middle East
  • Most Shared
  • Motorsport
  • Movie
  • Music
  • New York
  • Opinion
  • Politics
  • press release
  • Real Estate
  • Review
  • Science & Space
  • Sports
  • Sunday Book Review
  • Tax News
  • Technology
  • Television
  • Tennis
  • Theater
  • Top Movie Reviews
  • Top Stories
  • Travel
  • Uncategorized
  • Web Series
  • World

Site Navigation

  • Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links

We bring you the Breaking News,Latest Stories,World News, Business News, Political News, Technology News, Science News, Entertainment News, Sports News, Opinion News and much more from all over the world

©Copyright DailyExpertNews 2022

No Result
View All Result
  • Contact Us
  • Home
  • Top Stories
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • India
  • Education & Career
  • Arts
  • Advertisement
  • Tax News
  • Markets

©Copyright DailyExpertNews 2022

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.