Hindustan Unilever (HUL) has surged over 4% at Rs 434 in opening trades after reporting a 21% year-on-year (y-o-y) growth in net profit at Rs 687 crore for the fourth quarter ended March 31, 2012 on back of high volumes and prices.

From relaunching brands to strengthening its product portfolio, Hindustan Unilever Ltd (HUL) has done a whole host of things over the last few years. The company’s performance over the last eight quarters seems to suggest its strategy is working.

It had posted a net profit of Rs 569.18 crore in the same period of 2010-11, HUL said in a filing to the BSE.

Hindustan Unilever (HUL) is trading higher by 2% at Rs 406 after the company sold its property at Worli, Mumbai to the Ajay Piramal Group for Rs 453 crore.

FMCG major Hindustan Unilever Ltd (HUL) today said the company has sold its leasehold rights of a property in Mumbai for Rs 452.5 crore to Ajay Piramal Group firm Piramal Realty.

The country’s two top companies, oil-to-retail giant Reliance Industries Ltd (RIL) and FMCG major Hindustan Unilever Ltd, have got into a tie-up to collaborate in setting up a chain of beauty and wellness formats across the country.

After a prolonged process, the Ajay Piramal-promoted Piramal Realty has emerged as a frontrunner to buy Hindustan Unilever’s sea-facing property, ‘Gulita’, according to two sources.

Fast moving consumer goods major, Hindustan Unilever’s packaged foods brand, Kissan is proposing to make a farmer, or more aptly a kisan out of its consumer. The latest from the brand: A chance for its consumers to grow a tomato sapling.

FMCG majors Procter & Gamble (P&G) and Hindustan Unilever (HUL) are at loggerheads over the latest advertisement by HUL for its detergent Rin, against which P&G has filed a complaint with Advertising Standards Council of India (ASCI).

The company has warned of growing competitive and cost pressures, raising concerns about its ability to maintain the volume growth going ahead.

On the face of it, Hindustan Unilever’s performance in the December quarter looks impressive. Revenue has grown 16.4 per cent year-on-year on the back of a nine per cent growth in volume.

Hindustan Unilever (HUL) reported an 18 per cent growth in net profit to Rs 753.81 crore for the quarter ended December 31, 2011, as the country’s largest FMCG (fast-moving consumer goods) company rode on the back of prices hikes as well as

FMCG giant Hindustan Unilever Limited (HUL) today said its net profit rose by 18.24% to Rs 753.81 crore for the third quarter ended December 31, 2011, over the same period previous fiscal.

Hindustan Unilever Ltd (HUL), India’s largest fast moving consumer goods company, has hit the market again to monetise its former headquarters in the Churchgate area here.

Global FMCG giant Unilever and Godrej Consumer Products (GCPL) have agreed to terminate their licensing agreement to market Brylcreem in India.

Gopal Vittal, Executive Director, Home & Personal Care, of Hindustan Unilever, has resigned to pursue an external opportunity. He is being replaced by Hemant Bakshi, currently Executive Director, Sales and Customer Development.

Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), has resigned from the board of Hindustan Unilever (HUL), with effect from December 27, the company said on Wednesday.

Hindustan Unilever Ltd (HUL), India’s largest fast moving consumer goods company, has shortlisted entities led by billionaire industrialists Anil Ambani, Ajay Piramal and Gautam Adani, and realty developers Peninsula Land and Oberoi Realty to sell

FMCG major Hindustan Unilever Ltd (HUL) today said HDFC Ltd Chairman Deepak Parekh, who is an independent director in the company's board has resigned after more than 14 years of association with the firm citing personal reasons.

Hindustan Unilever (HUL) is trading higher by 3% to Rs 413, its lifetime high, on the back of huge volumes.