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Lee Gardhouse departs Hargreaves Lansdown after 28 years

Hindustan Unilever earnings signal continued volatility in operating environment for FMCG firms

HUL FY21 net profit rises 18% to Rs 7,954 crore- Business News

HUL FY21 net profit rises 18% to Rs 7,954 crore For January-March quarter, HUL s net profit grew 41 per cent to Rs 2,143 crore, while sales rose 34 per cent YoY to Rs 11,947 crore. BusinessToday.In | April 29, 2021 | Updated 21:04 IST HUL said the surge in COVID-19 cases is unprecedented, making it difficult to predict the near-term demand outlook. Hindustan Unilever Ltd (HUL) on Thursday reported a 18 per cent year-on-year (YoY) increase in net profit at Rs 7,954 crore for fiscal year 2020-21. The company s turnover rose 18 per cent to Rs 45,311 crore during FY21, led by a 6 per cent domestic consumer growth, excluding the impact of merger of GSK CH and acquisition of VWash. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 11,324 crore, while EBITDA margin was at 25 per cent.

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