HUL Q4 net profit up 21%, beats forecast

Hindustan Unilever, the Indian unit of Anglo-Dutch Unilever Plc, beat market forecasts with a 21% jump in quarterly net profit.

May 01, 2012 / 15:27 IST

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Hindustan Unilever, the Indian unit of Anglo-Dutch Unilever Plc, beat market forecasts with a 21% jump in quarterly net profit.

The largest Indian household products and consumer goods maker said on Tuesday its net profit rose to Rs 687 crore for the fiscal fourth quarter ended March 31 from Rs 569 crore a year earlier.

Analysts, on average, had expected a net profit of Rs 663 crore, according to Thomson Reuters.

first published: May 1, 2012 03:02 pm

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