India's largest FMCG company, Hindustan Unilever reported its third quarter earnings results. HULs net profit rose 18% YoY to Rs 753.81 crore while its net sales grew to Rs 5,853 crore, up 16.4% YoY.
Analysts on average were expecting HUL to report a net profit of Rs 710 crore on revenue of Rs 5,875 crore in October-December.
Sanjay Manyal, research analyst at ICICI Direct tells CNBC-TV18 that the results were inline with his expectations.
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