HUL Q2 net profit up 11.5% YoY to Rs 1,096 crore
HULBSE 1.20 % Ltd reported 11.5 per cent year-on-year (YoY) increase in the net profit to Rs 1096 crore for the quarter ended September 30 which was slightly higher than ETNow estimate of Rs 1,055 crore.
The FMCG major reported a net profit of Rs 982.17 crore in the corresponding quarter of last fiscal, HUL said in a statement.
Hindustan Unilever also informed BSE that the Board of Directors of the Company at its meeting on Wednesday declared an interim Dividend of Rs. 7/- per equity share of face value of Re. 1/- each for the financial year ending March 31, 2017.
HUL closed 1.2 per cent higher at Rs 842. It hit a low of Rs 827.40 and a high of Rs 845.55 in trade on Wednesday.