"We have delivered another strong performance in the quarter, with broad based growth across categories and further improvement in margins," HUL Chairman Harish Manwani said. On the outlook, he said: "We remain positive about the mid-term outlook of the industry and will continue to invest strongly in our core brands and developing categories of the future".
He, however, said there were early signs of commodity cost inflation and the company would further sharpen its focus on cost effectiveness programmes and manage business dynamically for competitiveness and sustained profitability. Total expenses during the quarter under review stood at Rs 7,036 crore as against Rs 7,067 crore in the corresponding period previous fiscal.
Revenue from the personal care segment was Rs 4,090 crore as against Rs 3,980 crore in the year ago period. Home care division contributed Rs 2,741 crore during the quarter compared to 2,689 crore year ago.
The purifiers business saw the launch of air purifiers under the Pureit brand. Shares of the company dropped 0.68 per cent to end at 1,371.85 on BSE today.
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