Photo: BloombergNew Delhi: Hindustan Unilever Ltd (HUL), India’s largest consumer packaged goods company by sales, on Monday beat analyst expectations to post a 14.2% rise in March quarter net profit. HUL reported a net profit of Rs1,351 crore in the January-March quarter, against Rs1,183 crore a year ago. Sales growth was driven by underlying volume growth of 11%, the company said. At GCPL, rural grew at 7-8% compared to its overall domestic volume growth of 6%. Both GCPL and Dabur expect about 10-12% volume growth in fiscal 2019 from the previous year.

Source: Mint May 14, 2018 10:46 UTC