FMCG major Hindustan Unilever (HUL) announced on Monday a rise in first quarter profit of 3.69% to Rs 10.57 billion for the quarter ended Jun. 30, 2014 as compared to net profit Rs 10.19 billion in the same period last year.
Total income has increased by 13.32% to Rs 77.16 billion for the quarter ended Jun. 30, 2014 from Rs 68.09 billion in the year ago period.
During the quarter, the domestic consumer business grew at 13%, ahead of market, with 6% underlying volume growth. All segments registered double digit growth.
Shares of the company gained Rs 21.1, or 3.19%, to trade at Rs 683.10. The total volume of shares traded was 729,993 at the BSE (3.15 p.m., Monday).