HUL Q4 net up 7% at Rs 1,089.59 crore

FMCG major Hindustan Unilever (HUL) on Monday reported an increase of 7.02% in standalone net profit at Rs 1,089.59 crore for the fourth quarter ended March 31, 2016.

The company had posted a net profit of Rs 1,018.08 crore in the January-March quarter of the preceding fiscal.

HUL's net sales were up 3.36% to Rs 7,809.40 crore during the quarter under review as against Rs 7,555.00 crore in the year-ago period, the company said in a BSE filing.

Stocks of the company were trading at Rs 849.50 per scrip on BSE, down 0.40% from the previous close.