Hindustan Unilever Ltd posts Q3FY21 consolidated PAT of Rs. 1937 crores

HINDUSTAN UNILEVER LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q3 FY20-21) - QoQ Comparison

The company has reported total income of Rs.12235 crores during the period ended December 31, 2020 as compared to Rs.11776 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.1937 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.1974 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.8.24 for the period ended December 31, 2020 as compared to Rs.8.40 for the period ended September 30, 2020.

Financials	Q3 FY20-21	Q2 FY20-21	% Change
Total Income	₹ 12235 crs	₹ 11776 crs	3.9%
Net Profit	₹ 1937 crs	₹ 1974 crs	-1.87%
EPS	₹ 8.24	₹ 8.40	-1.9%

Financial Results (Q3 FY20-21) - YoY Comparison

The company has reported total income of Rs.12235 crores during the period ended December 31, 2020 as compared to Rs.10208 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.1937 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.1627 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.8.24 for the period ended December 31, 2020 as compared to Rs.7.51 for the period ended December 31, 2019.

Financials	Q3 FY20-21	Q3 FY19-20	% Change
Total Income	₹ 12235 crs	₹ 10208 crs	19.86%
Net Profit	₹ 1937 crs	₹ 1627 crs	19.05%
EPS	₹ 8.24	₹ 7.51	9.72%

Financial Results (9 Months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.34896 crores during the 9 months period ended December 31, 2020 as compared to Rs.30940 crores during the 9 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.5809 crores for the 9 months period ended December 31, 2020 as against net profit / (loss) of Rs.5233 crores for the 9 months period ended December 31, 2019.

The company has reported EPS of Rs.24.72 for the 9 months period ended December 31, 2020 as compared to Rs.24.17 for the 9 months period ended December 31, 2019.

Financials	9 Months ended FY20-21	9 Months ended FY19-20	% Change
Total Income	₹ 34896 crs	₹ 30940 crs	12.79%
Net Profit	₹ 5809 crs	₹ 5233 crs	11.01%
EPS	₹ 24.72	₹24.17	2.28%

Sanjiv Mehta, Chairman and Managing Director commented: "With COVID cases coming down sharply and increasing mobility, economic activity in the country continues to improve. The rapid rollout of vaccines will give further impetus to economic growth. Our consumer relevant innovations, market development and execution excellence have enabled us to drive broad based growth across our categories in the December quarter. I am particularly pleased with the performance of our Nutrition business and with the recovery in the discretionary segments of our portfolio; these are structurally attractive and offer immense growth potential. The near-term demand outlook is improving, and we expect to see revival in urban while rural should continue to do well. Inflationary pressures are building up in select commodities and we will manage them judiciously. I am confident that we are very well positioned to capture the growth opportunities and accelerate momentum."

Shares of HINDUSTAN UNILEVER LTD. was last trading in BSE at Rs.2390.75 as compared to the previous close of Rs. 2398.9. The total number of shares traded during the day was 137939 in over 6537 trades.

The stock hit an intraday high of Rs. 2421 and intraday low of 2334.85. The net turnover during the day was Rs. 326030619.

Source : Equity Bulls

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