HUL Q2 Results: Volume Growth 7% | Net Profit Down 2.6%
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2015-10-16
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FMCG major Hindustan Unilever came out with its second quarter numbers which failed to meet street estimates. Net profit fell by 2.6% in the September quarter despite a strong volume growth. The management blames price cuts and withdrawal of excise duty sops for the muted performance. Here’s a report.
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