Unilever India posts higher profit on healthy demand
Wed 04:13
Unilever India posts higher profit on healthy demand Oct 28 (Reuters) - Consumer goods maker Hindustan Unilever HLL.NS reported a 6% rise in quarterly profit on Wednesday, as healthy demand cushioned the blow from higher raw material costs.
The Indian arm of UK's Unilever ULVR.L, home to brands such as Pepsodent and Dove, said it made a profit of 28.44 billion rupees ($299.01 million) for the quarter ended September 30, compared to 26.9 billion rupees a year earlier.
($1 = 95.1150 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai; Editing by Sonia Cheema and Ronojoy Mazumdar)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
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