New Delhi, July 26: FMCG major Hindustan Unilever today reported 23.43 per cent decline in net profit at Rs 1,019.25 crore for the first quarter ended June 30, 2013. The company had posted net profit of Rs 1,331.19 crore in the corresponding quarter a year ago.
HUL's net sales went up by 6.99 per cent to Rs 6,687.49 crore in the quarter under review as against Rs 6,250.15 crore in the corresponding quarter last year, the company said in a BSE filing. Shares of the company were trading to Rs 660.20 apiece on the BSE in the afternoon trade, down 3.83 per cent from their previous close.
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