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Unilever’s India arm beats Q2 revenue view

A store keeper holds a plastic sachet of Unilever’s Clinic Plus shampoo inside a store in Mumbai, India, Could 7, 2022. REUTERS/Francis Mascarenhas/File picture Purchase Licensing Rights

BENGALURU, Oct 19 (Reuters) – India’s Hindustan Unilever (HUL) (HLL.NS) reported a bigger-than-expected enhance in quarterly revenue on Thursday as the corporate benefited from elevated gross sales.

The Indian unit of UK’s Unilever (ULVR.L) reported a 3.9% rise in revenue to 27.17 billion rupees ($326.5 million)for the three months to September 30 from a yr earlier.

Analysts, on common, had anticipated a revenue of 26.01 billion rupees, per LSEG information.

($1 = 83.2212 Indian rupees)

Reporting by Varun Vyas in Bengaluru; Enhancing by Sonia Cheema

Our Requirements: The Thomson Reuters Belief Rules.

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