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FINWIRES

Hindustan Unilever's Profit Slips in Fiscal Q1

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Hindustan Unilever (NSE:HINDUNILVR, BOM:500696) recorded an attributable profit of 26.7 billion Indian rupees in the first fiscal quarter, down from 27.6 billion rupees a year prior.

Earnings per share fell to 11.38 rupees from 11.73 rupees in the year-ago period, according to a Tuesday filing with the Indian bourse.

The fast-moving consumer goods giant's total income for the three months ended June 30 stood at 175.3 billion rupees, up from 159.6 billion rupees previously.

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