Editor
Hindustan Unilever Ltd. posted an underwhelming quarterly profit weighed down by muted consumer demand during India’s scorching summer season and rising inflation.
The Indian unit of Unilever Plc saw net income rise 2.8 percent to 25.4 billion rupees ($303 million) for the quarter ended June 30 compared with the same period a year ago, according to an exchange filing Tuesday. That fell short of the average analyst estimate of 26.01 billion…
