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News Details

Hindustan Unilever L Q1 net profit up 9.57% at Rs 2061.00 cr

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22/07/2021 15:20
The company reported standalone net profit of Rs 2,061.00 crore for the quarter ended June 30, 2021 as compared to Rs 1881.00 crore in the same period last year, registering a year-on-year growth of 9.57 per cent.

Net revenue of the company rose moderately by 12.72 per cent at Rs 11,730.00 crore in April-June quarter of this fiscal as against Rs 10,406.00 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 14.55 per cent to Rs 9,068.00 crore from Rs 7,916.00 crore in year ago period.

Other Income dipped by 57.05 per cent at Rs 67.00 crore versus (Jun'20 Rs 156.00 crore).

Operating Profit surged by 7.68 per cent to Rs 2,847.00 crore as against Rs 2,644.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.49 per cent in June quarter.

Interest declined by 62.07 per cent y-o-y to Rs 11.00 crore, while Taxation increased by 7.92 per cent at Rs 572.00 crore (Jun'20 Rs 530.00 crore).