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HUL's Consolidated Net Profit Rises 19% in Q3
Hindustan Times Jammu
|January 23, 2025
The company plans to acquire 'Minimalist' beauty brand for ₹2,670 crore
NEW DELHI: FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18% rise in consolidated net profit at ₹2,989 crore in the December quarter, boosted by the sale of its 'Pureit' business.
The company, which posted a consolidated net profit of ₹2,508 crore in the same quarter of the last fiscal year, said it will acquire 90.5% shareholding of Uprising Science Pvt Ltd -- the firm behind the premium beauty brand Minimalist -- comprising secondary buyout for a cash consideration of ₹2,670 crore at a pre-money enterprise valuation of ₹2,955 crore.
Denne historien er fra January 23, 2025-utgaven av Hindustan Times Jammu.
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