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Hindustan Unilever, country’s leading fast-moving consumer goods maker, up nearly 2% in Q2 results

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At 11:05 am, Hindustan Unilever shares were trading at Rs 2,702, up 2.07 per cent.

Hindustan Unilever shares rose nearly 2 per cent in a strong market ahead of September quarter results. Hindustan Unilever had reported a net profit of Rs 2,061 crore in the first quarter, registering a growth of 9.5 per cent from Rs 1,881 crore in the same quarter last year.

The country’s leading fast-moving consumer goods maker reported net income of Rs 11,982 crore during the quarter as against Rs 10,716 crore in the year-ago period.

The company’s revenue from operations for the June quarter stood at Rs 11,915 crore as against Rs 10,560 crore in the corresponding quarter last year, showing a growth of 12.83 per cent year-on-year.

At 11:05 am, Hindustan Unilever shares were trading 2.07 per cent higher at Rs 2702, compared to the Sensex’s gain of 0.5 per cent.

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