HUL Q4 results: Net profit slips 3.4% to Rs 1,520 crore, misses estimates

FMCG major Hindustan Unilever on Thursday reported a 3.43 per cent year-on-year (YoY) drop in consolidated net profit at Rs 1,520 crore for March quarter, compared with Rs 1,574 crore in the same quarter last year. Revenue for the quarter fell to Rs 9,055 crore from Rs 10,018 crore in the year-ago quarter. Domestic consumer growth declined 9 per cent, with a decline of 7 per cent in underlying volume growth.