HUL volume growth surprises, profit before tax up 14% in December quarter

The company's volume growth is also ahead of the overall FMCG sector's

The country's largest consumer goods company, Hindustan Unilever (HUL), on Friday reported a volume growth of 5 per cent in the third quarter, ahead of analysts' estimates of 3-4 per cent.

This came in a challenging market environment, according to HUL’s chairman and managing director Sanjiv Mehta (pictured). 

This is the fourth straight quarter of single-digit volume growth for HUL. Of the four quarters, three quarters in a row have seen HUL deliver volume growth at 5 per cent, Abneesh Roy, executive vice-president, research (institutional equities), Edelweiss, said.

HUL's Q3 volume growth is also ahead of the overall fast moving consumer