HUL Q2 Results: Volume Growth 7% | Net Profit Down 2.6%
- 9 years ago
FMCG major Hindustan Unilever came out with its second quarter numbers which failed to meet street estimates. Net profit fell by 2.6% in the September quarter despite a strong volume growth. The management blames price cuts and withdrawal of excise duty sops for the muted performance. Here’s a report.