 "HUL")
Hindustan Unilever (HUL) is likely to report its September-quarter earnings later in the day today. The numbers will also be a reflection of how well the FMCG major has recovered from the recent GST turbulence.
For the quarter ended June 2017, HUL had posted flat volume growth as its trade network had begun destocking in June anticipating the new tax in July.
Profit after tax at Rs 1,283 crore for the June quarter rose 9.3% as compared to Rs 1,174 crore in Q1FY17.
Sentiment during the last quarter, according to the company, was cautious in the run
For the quarter ended June 2017, HUL had posted flat volume growth as its trade network had begun destocking in June anticipating the new tax in July.
Profit after tax at Rs 1,283 crore for the June quarter rose 9.3% as compared to Rs 1,174 crore in Q1FY17.
Sentiment during the last quarter, according to the company, was cautious in the run
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