HUL

Net profits turn down in the third quarter for HUL

Previous year, Hindustan Unilever Ltd (HUL) had recorded a net profit of Rs 649.11 crore in the corresponding period. Although the total income during the third quarter of the current fiscal has increased by 12.12% to Rs 5,127.71 crore from Rs 4,573.23 crore in the year-ago period.

During their filing in BSE, HUL posted that domestic consumer business showed a volume growth of 13 per cent and purchases of various goods have also featured growth during third quarter.

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HULThe Kolkata High Court has delivered an interim verdict, restricting the Hindustan Unilever Ltd from airing its latest advertisement of Rin.

The action was taken in view of the extremely direct comparison of Procter & Gamble (P&G)’s Tide with Rin presented in the advertisement. P&G had filed a lawsuit against HUL in the Kolkata High court, on Friday.

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Results that was declared during October 30th 2009 and November 1st 2009.
> Eicher Motors has announced its QTR ending September 2009 -2010. The company’s consolidated net sales were at Rs 856 crore compared to Rs 491 crore. Its consolidated net profit was at Rs 27.4 crore compared to Rs 42.9 crore.
> Gujarat Heavy Chemicals (GHCL) [...]

Company Results announced over weekend November 1st 2009 is a post from: First Blog for Indian Financial Market