Hindustan Lever Q3 net jumps 60 pc to Rs 521 cr

Mumbai, Oct 31 (UNI) FMCG major Hindustan Lever has posted a net profit of Rs 520.74 crore for the quarter ended September 30, 2006, as compared to Rs 325.96 crore for the quarter ended September 30, 2005, up 59.75 per cent.

Announcing the results, the company said its total income is Rs 3,162.82 crore for the quarter ended September 30, 2006, where as the same was at Rs 2,816.42 crore for the quarter ended September 30, 2005.

The results for the quarter are not comparable to those of Q2 '05 to the extent of integration of subsidiaries (International Fisheries Ltd, Lipton India Exports Ltd, Merryweather Food Products Ltd, TOC Disinfectants Ltd, and Lever India Exports Ltd) with the company, the demerger and subsequent disposal of Doom Dooma and TEI plantation divisions, and the amalgamation of Vashisti Detergents Ltd with the company.

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