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By Avishek RakshitDespite tepid market conditions, divestment of Hindustan Unilever Ltd.'s water purification business, under the brand name Pureit, helped it beat the Street consensus on profit for the December quarter. The country's largest consumer goods company made a one-time net gain of INR 5.7 billion from the divestment, which amplified net profit to INR 30.0 billion.
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