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HUL Q3: Net profit rises 12% to Rs 2,505 crore, beats estimates

HUL Q3: According to a poll of brokerages, standalone revenue was expected to come in at Rs 14,904 crore, up 13.8 percent YoY while PAT was estimated to increase 8.3 percent YoY to Rs 2,481 crore.

January 19, 2023 / 05:12 PM IST
During the quarter, HUL said it saw inflation moderating, albeit remaining high YoY

During the quarter, HUL said it saw inflation moderating, albeit remaining high YoY

 
 
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Hindustan Unilever (HUL) on January 19 released its December quarter (Q3FY23) results wherein its standalone net profit increased by 12 percent to Rs 2,505 crore. The company had reported a profit of Rs 2,243 crore in the year-ago period.

The FMCG behemoth's standalone revenue from operations came in at Rs 15,228 crore, up 16 percent against Rs 13,092 crore logged in the corresponding quarter of the previous fiscal.

The numbers beat estimates as according to a poll of brokerages, standalone revenue was expected to come in at Rs 14,904 crore, up 13.8 percent YoY while profit after tax (PAT) was estimated to increase 8.3 percent YoY to Rs 2,481 crore.

HUL Q3 Earnings: Management Commentary & Future Outlook | Earnings Express