Hindustan Lever Q3 net profit at Rs.520.74 Crores, up 60%

Hindustan Lever Ltd has announced the following Unaudited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 5207.40 million for the quarter ended September 30, 2006 where as the same was at Rs 3259.60 million for the quarter ended September 30, 2005. Total Income is Rs 31628.20 million for the quarter ended September 30, 2006 where as the same was at Rs 28164.20 million for the quarter ended September 30, 2005.

The results for the quarter are not comparable to those of SQ ‘05 to the extent of integration of subsidiaries (International Fisheries Ltd, Lipton India Exports Ltd, Merryweather Food Products Ltd, TOC Disinfectants Ltd, and Lever India Exports Ltd) with the Company, the demerger and subsequent disposal of Doom Dooma and TEI plantation divisions, and the amalgamation of Vashisti Detergents Ltd with the Company.

Source : Equity Bulls

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