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Hindustan Unilever slips despite reporting 14% rise in Q4 net profit

Hindustan Unilever is currently trading at Rs. 1665.45, down by 27.35 points or 1.62% from its previous closing of Rs. 1692.80 on the BSE.

The scrip opened at Rs. 1693.90 and has touched a high and low of Rs. 1693.90 and Rs. 1657.00 respectively. So far 86913 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1870.50 on 17-Dec-2018 and a 52 week low of Rs. 1443.35 on 04-May-2018.

Last one week high and low of the scrip stood at Rs. 1762.30 and Rs. 1657.00 respectively. The current market cap of the company is Rs. 360206.81 crore.

The promoters holding in the company stood at 67.19%, while Institutions and Non-Institutions held 18.86% and 13.95% respectively.

Hindustan Unilever has reported a rise of 13.84% in its net profit at Rs 1538 crore for the quarter ended March 31, 2019 as compared to Rs 1351 crore for the same quarter in the previous year. Total income of the company increased by 9.42% at Rs 10,063 crore for Q4FY19 as compared Rs 9,197 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 15.26% in its net profit at Rs 6,036 crore as compared to Rs 5,237 crore for the previous year. Total income of the company increased by 8.67% at Rs 38,888 crore for year under review as compared to Rs 35,787 crore for year ended March 31, 2018.

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