Mumbai, Oct 31 (Inditop.com) Fast moving consumer goods giant Hindustan Unilever Saturday said its net profit for the quarter ended Sep 30 fell almost 22 percent to Rs.429 crore.

It had earned Rs.547 crore in the same quarter of the previous fiscal.

Net sales of the company increased by 5 percent to Rs.4,228 crore during the quarter under review from Rs.4,028 crore a year ago.

The scrip of the company closed at Rs.282.95 Friday and gained over 7.65 percent in October.