 "Hindustan Unilever quarterly profit rises 9% to Rs 1,283 cr")
Consumer goods company Hindustan Unilever Ltd (HUL) reported a nine per cent rise in quarterly profit, helped by higher sales from its personal care segment.
Profit rose to Rs 1,283 crore ($199.45 million) in its first quarter ended June 30, from Rs 1,174 crore a year earlier, the maker of products ranging from the Lakme cosmetics to Lipton tea said on Tuesday.
Analysts, on average, had expected the company to post a profit of Rs 1,174 crore, according to Thomson Reuters data.
Revenue from the sale of products rose about five per cent to Rs 9,094 crore, while revenue from its personal care segment, which includes brands such as Fair & Lovely, increased 3.5 per cent.
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