PTI | | Posted by Ritu Maria Johny
FMCG main Hindustan Unilever Ltd on Thursday reported a 7.9 per cent improve in its consolidated web revenue to ₹2,481 crore for the third quarter ended December 31, 2022.
The corporate had posted a web revenue of ₹2,300 crore within the October-December quarter of the earlier fiscal.
Its consolidated complete revenue throughout the quarter beneath overview rose 16.35 per cent to ₹15,707 crore in opposition to ₹13,499 crore a yr in the past, Hindustan Unilever Ltd (HUL) mentioned in a regulatory submitting.
HUL’s complete bills had been at ₹12,225 crore in Q3 FY22 as in opposition to ₹10,329 crore within the year-ago interval.
Commenting on the end result, HUL CMD Sanjiv Mehta mentioned the corporate has sustained its sturdy momentum and had one more quarter of stable all-round efficiency.
“Our constant efficiency is reflective of our strategic readability, the power of our manufacturers, excellence in execution, and dynamic monetary administration,” he added.
Trying ahead, Mehta mentioned, “We’re cautiously optimistic within the close to time period and consider that the worst of inflation is behind us. This could assist in a gradual restoration of shopper demand”.
“We stay centered on managing our enterprise with agility and proceed rising our shopper franchise while sustaining margins in a wholesome vary. We keep assured of the medium to the long-term potential of the Indian FMCG sector and HUL’s means to ship constant, aggressive, worthwhile and accountable development,” he added.