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Saturday, October 26, 2013

Hindustan Unilever Q2 net profit up 13 pct y/y

Hindustan Unilever Ltd's (HLL.NS) second-quarter net profit rose 13.2 percent year-on-year, the Indian unit of Anglo-Dutch Unilever Plc (ULVR.L) (UNc.AS) said in a statement on Saturday.

India's largest manufacturer of household products and consumer goods made a net profit of 9.14 billion rupees in the quarter to end-September compared with a profit of 8.07 billion rupees in the same period a year ago.

Analysts had expected a net profit of 8.7 billion rupees for the quarter, according to Thomson Reuters Starmine Estimates.

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