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What should investors do with HUL after Q4 earnings; buy, sell or hold?

FMCG major HUL on April 27 declared an 8.6 percent rise in standalone post-tax profit at Rs 2,327 crore for the fourth quarter ended March 2022 from Rs 2,143 crore recorded a year ago.

April 28, 2022 / 09:58 AM IST
Hindustan Unilever

Hindustan Unilever

 
 
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Hindustan Unilever Ltd (HUL) share price rose four percent in early trade on April 28 a day after the company announced its March quarter earnings.

FMCG major HUL on April 27 declared an 8.6 percent rise in standalone post-tax profit at Rs 2,327 crore for the fourth quarter ended March 2022 as against Rs 2,143 crore recorded a year ago.

On a sequential basis, the net profit has risen by 3.7 percent. Standalone revenue from operations came in at Rs 13,462 crore, an increase of 11 percent on a year ago.

On a sequential basis, revenues increased 2.8 percent.