Company Financials
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 9978.00 Crore, up .21 % from last quarter Sales of Rs 9957.00 Crore and up 3.81 % from last year same quarter Sales of Rs 9612.00 Crore Company has reported net profit after tax of Rs 1631.00 Crore in latest quarter.
The company’s top management includes Dr.Sanjiv Misra, Mr.Aditya Narayan, Mr.Dev Bajpai, Mr.O P Bhatt, Mr.Pradeep Banerjee, Mr.S Ramadorai, Mr.Sanjiv Mehta, Ms.Kalpana Morparia. Company has BSR & Co. LLP as its auditors As on 31-12-2019, the company has a total of 2,164,812,057 shares outstanding.
Investment Rationale
The brokerage said it expects HUL to continue its double-digit earnings growth.Taking into account the best return on equity among consumer peers, the stupendous wealth generation track record of HUL is likely to continue. Nimbleness, stringent cost savings have aided earnings performance. Premiumisation and best of breed analytics are likely to benefit the company in the future as well.
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