Unilever India posts higher profit on healthy demand

Hindustan Unilever’s profit for the quarter ending September 30 increased 6% year on year to 28.44 billion rupees, Business Recorder reported. The Indian consumer goods company had earned 26.9 billion rupees in the same period a year earlier, with stronger demand helping offset more expensive inputs.

Sales of products rose 15% to 173.99 billion rupees, while sales volumes advanced 7% during the quarter. Across India’s consumer goods industry, companies are pursuing broader distribution and premium offerings, alongside price increases to manage costs for commodities including sugar, edible oils and crude oil. CEO and Managing Director Priya Nair said resilient economic conditions and sound macro indicators were supporting consumption.