Jammu, April 25 -- FMCG giant Hindustan Unilever saw its stock price take a small dip following the release of its fourth quarter financial results. The company reported a modest year-on-year decline in net profit for the three months ended March 2024 due to factors such as falling commodity prices.

HUL's shares ended the day 1.94% lower on the BSE, closing at Rs 2215.25. On the NSE, the stock price fell 1.99% to end at Rs 2215.10. This minor decrease came after HUL announced a 1.53% year-on-year fall in consolidated net profit for the January-March period to Rs 2561 crore.

Total sales for the world's largest consumer goods firm by market value were nearly unchanged from the prior year at Rs 15,013 crore. While total expenses rose margi...