Hindustan Unilever - Q1FY21 results - Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd

"For 1QFY21, Hindustan Unilever (HUL)'s consolidated top-line grew by ~4% to Rs.10,731cr. Underlying domestic consumer business sales (excluding the impact of business combinations i.e. merger of GSK CH India with HUL) impacted by COVID disruptions led to a decline of 7% in the quarter. On the operating front, the company reported margin contraction (down by 117bp YoY to 25.1%), primarily on account of higher raw material costs and other expenses. The reported net profit grew by ~6% YoY to Rs.1,897cr due to lower taxes and higher other income."

Shares of HINDUSTAN UNILEVER LTD. was last trading in BSE at Rs.2319.1 as compared to the previous close of Rs. 2330.35. The total number of shares traded during the day was 117262 in over 6661 trades.

The stock hit an intraday high of Rs. 2350 and intraday low of 2308.65. The net turnover during the day was Rs. 272682050.

Source : Equity Bulls

Keywords