Net sales grew by as much as 17% and profit before interest and tax rose by 15%, thanks to large price increases last year to counter rising raw material prices.
HUL has licensed 'Lakme' and 'Lever Ayush', brands to it's subsidiary, Lakme Lever Private Limited's Beauty and Wellness services business.
Indian Govt. has announced 200 billion rupee-stimulus package for the economy and as a part of package it has cut down the excise duty on goods by 4%.