HUL shares jump over 4% on higher quarterly earnings – Times of India

NEW DELHI: Shares of Hindustan Unilever Ltd on Thursday gained over 4 per cent after the FMCG main reported the next consolidated web revenue for the fourth quarter ended March. The inventory jumped 3.99 per cent to Rs 2,230 on the BSE. On the NSE, it climbed 4.28 per cent to Rs 2,237 apiece.
On Wednesday, the corporate posted a 5.34 per cent enhance in its consolidated web revenue to Rs 2,307 crore for the fourth quarter ended March regardless of flat quantity progress as a result of unprecedented inflation.
Furthermore, HUL has now turn into a Rs 50,000 crore turnover firm and in addition the primary pure FMCG agency to realize this milestone. The corporate now has 16 manufacturers with a turnover of Rs 1,000 crore every.
“In the course of the quarter, our turnover grew 10 per cent with flat underlying quantity progress. We continued to develop considerably forward of the market, gaining worth and quantity market shares,” it mentioned on Wednesday.

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