HUL Q3 net up 16% at Rs 871 crore

HUL Q3 net up 16% at Rs 871 crore New Delhi: FMCG major Hindustan Unilever Ltd on Tuesday reported a 15.59 percent jump in net profit to Rs 871.36 crore for the third quarter ended December 31, 2012.

The company had posted a net profit of Rs 753.81 crore during the same period of the previous fiscal.

Net sales of the company rose to Rs 6,433.69 crore for the third quarter ended December 31, 2012, as against Rs 5,844.31 crore during the same period of 2011-12 fiscal, Hindustan Unilever Ltd (HUL) said in a statement.

In a separate statement, the company said it has inked an agreement with Unilever Plc for the provisions of tehnology, trademark licences and other services to HUL.

Shares of HUL today closed at Rs 481.55 on the BSE, down 2.88 percent from their previous close.

PTI