HUL Shares Slide Despite Q2 Profit Growth and Inflation Warning
Hindustan Unilever’s September-quarter net profit rose to Rs 2,790 crore, while EBITDA margins contracted by 140 basis points. The company expects commodity inflation to remain elevated in the near term.
HUL expects commodity inflation to remain elevated in the near term, while September quarter net profit rises 3.91 per cent to Rs 2,790 crore and Ebitda margins contract by 140 basis pointsShares of Hindustan Unilever or HUL fell 2.97 per cent to Rs 1,766 during Wednesday’s trading session after th…