Hindustan Unilever Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 19, 2023 at 05:46 am EST
Share
Hindustan Unilever Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported revenue was INR 157,070 million compared to INR 134,990 million a year ago. Net income was INR 24,740 million compared to INR 22,970 million a year ago. Basic earnings per share from continuing operations was INR 10.53 compared to INR 9.78 a year ago. Diluted earnings per share from continuing operations was INR 10.53 compared to INR 9.78 a year ago. Basic earnings per share was INR 10.53 compared to INR 9.78 a year ago. Diluted earnings per share was INR 10.53 compared to INR 9.78 a year ago.
For the nine months, revenue was INR 457,170 million compared to INR 388,580 million a year ago. Net income was INR 75,200 million compared to INR 65,750 million a year ago. Basic earnings per share from continuing operations was INR 32.01 compared to INR 27.97 a year ago. Diluted earnings per share from continuing operations was INR 32.01 compared to INR 27.97 a year ago. Basic earnings per share was INR 32.01 compared to INR 27.98 a year ago. Diluted earnings per share was INR 32.01 compared to INR 27.98 a year ago.
Hindustan Unilever specializes in manufacturing and marketing of cleaning and food products. Net sales break down by family of products as follows:
- personal care products (46%): hair and skin care products, dental and deodorant products (brands Aviance, Dove, Sunsilk, Lux, Pond's, Axe, Rexona, Close Up, etc.);
- house cleaning and laundry care products (33.9%): soaps, dishwashing liquids, detergents, stain removers and cleaners (brands Active Wheel, Comfort, Cif, Sunlight, Vim, etc.);
- food products and beverages (18.8%): culinary products, sauces, oils and margarines (brands Knorr, Kissan, Annapurna, etc.), ice creams (Kwality Wall's), teas and coffees (brands 3 Roses, Red Label, Lipton, Bru, Taj Mahal);
- other (1.3%).
At the end of March 2019, the group had 28 production sites in India.
India accounts for 96% of net sales.
HINDUSTAN UNILEVER LIMITED 
