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Hindustan Unilever shines on reporting 23% rise in Q2 consolidated net profit

Hindustan Unilever is currently trading at Rs. 2040.00, up by 25.30 points or 1.26% from its previous closing of Rs. 2014.70 on the BSE.

The scrip opened at Rs. 2052.00 and has touched a high and low of Rs. 2052.90 and Rs. 2028.10 respectively. So far 30615 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 2101.50 on 23-Sep-2019 and a 52 week low of Rs. 1500.40 on 15-Oct-2018.

Last one week high and low of the scrip stood at Rs. 2052.90 and Rs. 1936.50 respectively. The current market cap of the company is Rs. 436144.69 crore.

The promoters holding in the company stood at 67.18%, while Institutions and Non-Institutions held 19.07% and 13.74% respectively.

Hindustan Unilever has reported 21.18% rise in its net profit at Rs 1,848 crore for the quarter ended September 30, 2019 under review as compared to Rs 1,525 crore for the same quarter in the previous year. Total income of the company increased by 5.17% at Rs 10,032 crore for Q2FY20 as compared Rs 9,539 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 23.42% in its net profit at Rs 1,818 crore for the quarter ended September 30, 2019 under review as compared to Rs 1,473 crore for the same quarter in the previous year. Total income of the company increased by 5.14% at Rs 10,223 crore for Q2FY20 as compared Rs 9,723 crore for the corresponding quarter previous year.

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