Despite moderation in market development and vital ranges of commodity inflation, Hindustan Unilever Ltd (HUL) on Thursday reported a 16.76 per cent bounce in internet revenue at Rs 2,243 crore for the quarter ended December 31, 2021 as in opposition to Rs 1,921 crore within the year-ago interval.
The firm’s complete earnings grew 10.23 % to Rs 13,183 crore for the December quarter as in opposition to Rs 11,959 crore a yr in the past. Growth within the quarter was aggressive and worthwhile with home client development of 11 per cent.
“… Underlying volume growth at 2 per cent was significantly ahead of the market,” the FMCG main mentioned.
HUL Chairman and MD Sanjiv Mehta mentioned, “We have delivered a strong and resilient performance in the quarter despite moderation in market growths and significant levels of commodity inflation. I am particularly pleased that the growth is extremely competitive with our market share gains being highest in more than a decade.”
In the near-term, working surroundings will proceed to stay difficult, HUL mentioned.
