Graphic: MintAfter clocking a double-digit 11% volume growth in the December quarter, the Street was expecting Hindustan Unilever Ltd’s (HUL) volume growth for the March quarter to tone down to around 7%. The segment recorded double-digit volume growth and a robust 31% growth in its earnings before interest and tax (Ebit). Ebit of the personal care segment increased at a much slower pace of 8%. According to Kotak, volume growth trends reported by sector peers for the March quarter have been mixed. After all, the June 2017 quarter volume growth was flat.

Source: Mint May 15, 2018 07:07 UTC