New Delhi, May 3 -- Hindustan Unilever Ltd (HUL), India's largest listed consumer packaged goods firm by sales, reported a slowdown in volume growth, in line with analysts' estimates. The FMCG major reported 13% growth in net profit while volume growth dropped to 7%, which was expected between 5-7%, compared to double-digit growth the company has been seeing for many quarters.

HUL's earnings-usually the bellwether for India's fast-moving consumer goods (FMCG) market-help gauge consumer demand and monitor sentiment.

The Surf Excel maker's net profit reached Rs.1,538 crore for Q4 of FY19 compared to Rs.1,351 crore in the fourth quarter last year. While volume growth fell, the EBITA (earnings before interest, taxes, and amortization) margin ...