FMCG major Hindustan Unilever (HUL) is slated to release its September quarter earnings on Friday.
Majority of the brokerages expect the company to report healthy numbers for the second quarter of FY19. It had reported a 19.17 per cent increase in standalone net profit at Rs 15.29 billion for Q1FY19, led by underlying volume growth of 12 per cent and sustained margin improvements.
Majority of the brokerages expect the company to report healthy numbers for the second quarter of FY19. It had reported a 19.17 per cent increase in standalone net profit at Rs 15.29 billion for Q1FY19, led by underlying volume growth of 12 per cent and sustained margin improvements.
Here's a look at what the leading brokerages expect from Q2 numbers
Edelweiss Securities
We expect HUL to record a volume growth of nearly 8-8.5 per cent YoY on a base of 4 per cent YoY