BANGALORE -(Dow Jones)- Hindustan Unilever Ltd. (500696.BY) said Saturday its net profit for the fiscal second quarter fell 22% from a year earlier.
India's largest consumer goods maker by sales said net profit for the three months ended Sept. 30 fell to INR4.29 billion from INR5.47 billion a year earlier.
Net sales rose 5% to INR42.28 billion from INR40.28 billion a year earlier.
The average of estiamtes in a Dow Jones Newswires poll of 11 analysts was for a net profit of INR4.90 billion on revenue of INR44.47 billion.
-By Rumman Ahmed, Dow Jones Newswires; 91-9845104173; rumman.ahmed@dowjones.com