Hindustan Unilever’s revenue from the personal care segment, which houses brands such as Vaseline and Dove, rose 2.8% to Rs409 crore. Photo: Mint
Bengaluru: Hindustan Unilever Ltd posted a 28% rise in its third-quarter profit on Wednesday, underpinned by higher sales from its personal care business.
Profit came in at Rs1,326 crore ($207.64 million) in the quarter ended 31 December, from Rs1,038 crore a year ago, the diversified consumer goods maker said.
Analysts on average had expected a profit of Rs1,158 crore, according to Thomson Reuters Eikon data.
Revenue from the company’s personal care segment, which houses brands such as Vaseline and Dove, rose 2.8% to Rs409 crore. Reuters