Hindustan Unilever Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 27, 2021 at 04:54 pm IST
Share
Hindustan Unilever Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 122,350 million compared to INR 102,080 million a year ago. Net income was INR 19,370 million compared to INR 16,270 million a year ago. Basic earnings per share was INR 8.24 compared to INR 7.51 a year ago. For the nine months, total revenue was INR 348,960 million compared to INR 309,400 million a year ago. Net income was INR 58,090 million compared to INR 52,330 million a year ago. Basic earnings per share was INR 24.72 compared to INR 24.17 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.