Hindustan Unilever Limited (HINDUNILVR.NS)

Unilever's India unit misses profit view as higher costs, urban slowdown weigh

The Dove soap-maker reported a near-4% fall in profit to 26.12 billion rupees ($310.8 million) for the second quarter ended Sept. 30, missing analysts' estimates of 26.88 billion rupees, according to data compiled by LSEG. "When overall market demand signals are muted, we are seeing urban growth in the market moderating," CFO Ritesh Tiwari told reporters.