Hindustan Unilever Q3 net up 18.24% at Rs 753.81 crore

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FMCG giant Hindustan Unilever Limited (HUL) on Monday said its net profit rose by 18.24 per cent to Rs 753.81 crore for the third quarter ended December 31, 2011, over the same period previous fiscal.

The company had posted a net profit of Rs 637.51 crore in the corresponding period of previous fiscal, HUL said in a statement.

Net sales of the company rose to Rs 5,852.73 crore for the third quarter ended December 31, 2011, compared to Rs 5,027.01 crore in the same period previous fiscal.

For the nine months ended December 31, 2011, the company posted a net profit of Rs 2,069.89 crore against Rs 1,736.83 crore in the same period previous fiscal.

Shares of HUL were trading at Rs 408 on the BSE, up 1.82 per cent from its previous close.