Strong volume growth across segments helped FMCG giant Hindustan Unilever post a 17.62 per cent rise in net profit to Rs 627.18 crore for the quarter ended June 30, 2011.
During the period, the company's net sales jumped by 35.67 per cent to Rs 6,503.89 crore from Rs 4,793.89 crore in the corresponding quarter last fiscal.
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Exclusive Q&A with new Unilever COO "This is the fourth consecutive quarter of double-digit growth, led by a combination of innovations, market development and relentless focus on execution," HUL Chairman
Harish Manwani said in a statement.
During the quarter, the firm said its domestic consumer business grew by 15 per cent, while its home and personal care business grew by 15.4 per cent.
"In a challenging business environment, we are managing our business dynamically to ensure that we remain competitive and cost-efficient," Manwani said.
Shares of HUL were trading 0.54 per cent lower at Rs 324.15 apiece on the Bombay Stock Exchange on Thursday.
HUL Chairman Harish Manwani 
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