Hindustan Unilever Q4 net profit rises 7% to Rs 1,090 cr, beats estimates

Hindustan Unilever Ltd (HUL), India's largest consumer goods firm, said on Monday its fourth-quarter profit rose 7 percent, beating analysts' expectations due to higher sales of its skin care, hair care, and packaged food products.

A man arrives at the Hindustan Unilever Limited (HUL) headquarters in Mumbai May 14, 2013. Global companies betting on India's potential as a consumer market are looking beyond the worst patch in a decade for Asia's third-largest economy and investing billions of dollars in the country. In the biggest recent deal, Unilever is spending up to $5.4 billion to lift its stake in its Indian subsidiary, Hindustan Unilever, the country's largest consumer goods maker. Picture taken May 14, 2013. REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS) - RTXZOF7

Net profit for the quarter ended March was Rs 1,090 crore ($164.06 million), compared with Rs 1,018 crore a year earlier. Analysts polled by Thomson Reuters estimated a profit of Rs 1,078 crore on average.

Updated Date: May 09, 2016 15:18 PM