Hindustan Unilever Delivers Strong Q3FY23 Results, Is The Street Looking Beyond Royalty Impact?

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Hindustan Unilever NSE 1.76 % Thursday reported a standalone net profit of Rs 2,505 crore for the December quarter, up 12% over the corresponding period of last year. The company had posted a profit of Rs 2,243 crore in the last year period. On a sequential basis, net profit is down about 4%, compared with Rs 2,616 crore in the September quarter.

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