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Hindustan Unilever second-quarter profit up 16 percent
October 25, 2017 / 10:40 AM / Updated 3 hours ago

Hindustan Unilever second-quarter profit up 16 percent

REUTERS - Hindustan Unilever Ltd (HLL.NS) posted a 16 percent rise in quarterly profit on Wednesday, beating estimates.

A pedestrian walks past the Hindustan Unilever Limited (HUL) headquarters in Mumbai January 19, 2015. REUTERS/Danish Siddiqui/Files

Profit rose to 12.76 billion rupees ($195.98 million) in the quarter ended Sept. 30, compared with 10.96 billion rupees a year earlier, the diversified consumer goods maker said. bit.ly/2ixAF3g

Analysts polled by Thomson Reuters estimated a profit of 11.85 billion rupees on average.

($1 = 65.1100 Indian rupees)

Reporting by Jessica Kuruthukulangara in Bengaluru; Editing by Sunil Nair

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