Edition:
India

Hindustan Unilever Ltd Sept Qtr Profit Rises


Tuesday, 20 Oct 2020 

Oct 20 (Reuters) - Hindustan Unilever Ltd ::HINDUSTAN UNILEVER LTD - DECLARED AN INTERIM DIVIDEND OF 14 RUPEES PER SHARE.SEPT-QUARTER PROFIT 20.09 BILLION RUPEES VERSUS PROFIT 18.48 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR SEPT-QUARTER PROFIT WAS 20.19 BILLION RUPEES -- REFINITIV DATA.SEPT-QUARTER SALE OF PRODUCTS 112.76 BILLION RUPEES VERSUS 97.08 BILLION RUPEES YEAR AGO.HINDUSTAN UNILEVER - CAUTIOUSLY OPTIMISTIC ON DEMAND RECOVERY.HINDUSTAN UNILEVER - OPERATIONS & SERVICE LEVELS ARE NOW BACK TO PRE-COVID LEVELS.HINDUSTAN UNILEVER -DEMAND IN URBAN INDIA, ESPECIALLY METROPOLITAN CITIES HAS BEEN MUTED.