Hindustan Unilever Q1 profit up 9% to Rs1,283 cr

FMCG major Hindustan Unilever on Tuesday reported a 9.28 per cent increase in standalone net profit at Rs 1,283 crore for the first quarter ended June 30, driven by growth in consumer business. The company had posted a standalone net profit of Rs 1,174 crore in the same period of the previous fiscal, HUL said in a BSE filing. Net sales during the quarter under review stood at Rs 9,094 crore as against Rs 8,662 crore in the corresponding quarter a year ago, showing a rise of 4.98 per cent. Total income during the quarter under review stood at Rs 9,335 crore.