HUL Q3 net profit rises 1 pc to Rs 2,508 crore, sales down marginally to Rs 15,259 crore devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Hindustan Unilever Ltd on Friday reported a 1.08 per cent increase in consolidated net profit at Rs 2,508 crore in the third quarter ended December 2023.
The company had posted a consolidated net profit of Rs 2,481 crore in the same quarter last fiscal, Hindustan Unilever Ltd (HUL) said in a regulatory filing.
Its revenue from sales of products was marginally down to Rs 15,259 crore during the quarter.
FMCG: HUL, which owns brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond s and Dove, has reduced the fixed margin by 60 basis points and increased the variable margins by up to 100 to 130 basis points for its distributors.
Will boycott HUL brands: Maharashtra FMCG distributors over new margin structures: Best Media Info bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.