Unilever India warns of inflationary pressures after profit jump

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Unilever India warns of inflationary pressures after profit jump

Hindustan Unilever, the Indian arm of the global consumer goods titan, posted a quarterly profit in line with market estimates, boosted by a broad economic recovery that was overshadowed by warnings of inflationary challenges ahead.

Net income for the Mumbai-based unit of Unilever rose 9% to Rs 2,190 crore ($291 million) in the quarter ended Sept. 30, according to an exchange filing. That nearly matched the average 22 billion rupees forecast by analysts in a survey by Bloomberg. 

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