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One of the prominent companies to announce its July-September financials on Wednesday will be Hindustan Unilever (HUL).
Analysts expect 4-5 per cent growth in its net profit compared with the year-ago period. Brokerages feel that despite higher ad spends and taxes, the FMCG major will declare a modest growth thanks to the fall in raw material prices.
Sequentially though, HUL may post a 2-3 per cent drop in net profit, analysts expect.
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