Hindustan Unilever profit up 6.2 percent, beats estimates | Reuters

Hindustan Unilever Ltd, maker of products ranging from Lakmé cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products. Net profit rose to 11.83 billion rupees ($184.57 million) in the quarter ended March 31, compared with 11.14 billion rupees a year earlier, the company said on Wednesday

Reuters May 17, 2017 22:03:17 IST
Hindustan Unilever profit up 6.2 percent, beats estimates
| Reuters

Hindustan Unilever profit up 62 percent beats estimates
 Reuters

Hindustan Unilever Ltd, maker of products ranging from Lakmé cosmetics to BRU coffee, reported a 6.2 percent rise in quarterly profit, helped by strong sales of its Pears and Dove products. Net profit rose to 11.83 billion rupees ($184.57 million) in the quarter ended March 31, compared with 11.14 billion rupees a year earlier, the company said on Wednesday.

Analysts polled by Thomson Reuters estimated a profit of 10.80 billion rupees on average.

Revenue from the company's personal care segment, which houses brands such as Vaseline and Pond's, rose about 8 percent to 40.75 billion rupees.

($1 = 64.0950 rupees) (Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair)

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