Hindustan Unilever has benefited significantly due to increasing demand for products related to health, hygiene and nutrition during the Corona transition. The company has reported a net profit of Rs 2143 crore in the last quarter (March quarter) of the financial year. This is 41.07 percent more than the previous financial year. In its last financial year i.e. 2019-20, the company had a net profit of Rs 1519 crore. The company had a net profit of Rs 1921 crore in the December quarter (2020-21). In comparison, the March quarter net profit is 11.55 per cent higher.
HUL’s income increased significantly
In the fourth quarter of the last financial year (2020-210), HUL’s income was Rs 12,433 crore, while the company’s income was estimated to be Rs 12,020 crore during this period. In the fourth quarter of FY 2019-20, HUL’s income was Rs 9,211 crore. The HUL board has declared a dividend of Rs 17 per share. On an annual basis, the company’s other income in the fourth quarter was Rs 109 crore against Rs 266 crore. In the fourth quarter of the financial year 2020-21, HUS’s income from home care business grew by 14.6 per cent to Rs 3,838 crore. While in the fourth quarter of FY 2019-2020, HUL’s income from home care business was Rs 3,350 crore.
Increased profits due to increased demand in health, hygiene and nutritional products
In the fourth quarter of FY 202-2021, revenue from HUL and its beauty and personal care products grew by 19.7 per cent to Rs 4,549 crore whereas in the fourth quarter of FY 2020, HUL’s revenue from beauty and personal care product was Rs 3081 crore. It was Rs. In the second round of Corona also, the company is expected to increase profits due to increased demand in products related to health, hygiene and nutrition.
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