HUL Q1 results: Net profit rises 11% to Rs 2,289 cr

India’s largest consumer goods maker Hindustan Unilever Ltd (HUL) posted 11 per cent year-on-year rise in standalone net profit at Rs 2,289 crore in the quarter ended 30 June, 2022. The Indian unit of British consumer goods giant Unilever, had posted a net profit of Rs 2,061 crore in the year-ago period.

Sequentially, the profit fell marginally from Rs 2,327 crore in the March quarter (Q4FY22).

The company’s revenue from sales rose 19.4 per cent to Rs 14,016 crore as compared to Rs 11,730 crore in the corresponding quarter last fiscal, it said in a regulatory filing.

Shares of HUL on Tuesday traded 0.52 per cent higher at Rs 2,556 apiece on BSE.