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Hindustan Lever Board announces FY2006 consolidated profit of Rs.1890.53 crores, declares Rs.3 final dividend



Posted On : 2007-02-20 04:20:06( TIMEZONE : IST )

Hindustan Lever Board announces FY2006 consolidated profit of Rs.1890.53 crores, declares Rs.3 final dividend

Hindustan Lever Ltd has announced that the Board of Directors of the Company at its meeting held on February 20, 2007, inter alia, has resolved to recommend to the members at the ensuing Annual General Meeting a payment of Rs 3.00 per share Re 1/- each by way of final dividend, making a total of Rs 6.00 per share, for the year ended December 31, 2006.

Hindustan Lever Ltd has announced the following results for the quarter & year ended December 31, 2006:

The Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit of Rs 5111.80 million for the quarter ended December 31, 2006 where as the same was at Rs 5208.60 million for the quarter ended December 31, 2005. Total Income is Rs 32630.50 million for the quarter ended December 31, 2006 where as the same was at Rs 30385.30 million for the quarter ended December 31, 2005.

The Audited results for the year ended December 31, 2006:

The Company has posted a net profit of Rs 18553.70 million for the year ended December 31, 2006 where as the same was at Rs 14081.00 million for the year ended December 31, 2005. Total Income is Rs 124579.10 million for the year ended December 31, 2006 where as the same was at Rs 113653.30 million for the year ended December 31, 2005.

The Audited Consolidated results for the year ended December 31, 2006 are as follows:

The Group has posted net profit (after minority interest) of Rs 18905.30 million for the year ended December 31, 2006 where as the same was at Rs 13559.20 million for the year ended December 31, 2005. Total Income is Rs 128039.00 million for the year ended December 31, 2006 where as the same was at Rs 118792.10 million for the year ended December 31, 2005.

The results for the quarter are not comparable to those of DQ'06 to the extent of amalgamation of Vashisti Detergents Ltd with the Company and the demerger and subsequent disposal of Doom Dooma and TEI plantation divisions.

Source : Equity Bulls

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