Higher input costs drag HUL Q3 net down
Rising input costs and higher advertising spends have clearly dented HUL's operating margins as the net profit of HUL was down by 1.8 per cent to Rs. 637.5 crore as compared to Rs. 649.1 crore in the corresponding quarter last year. Though the net sales grew by 11.6 per cent on the back of new product launches, the EBIDTA margin was down at 14.4 per cent versus 17.1 per cent.
