HUL Q2 web revenue drops 4% YoY to Rs 2,612 crore, earnings advances 2%, ET Retail

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday stated a 4% fall in its own standalone net profit for the fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue from procedures in the noted quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore reported in the matching one-fourth of the previous financial year.The company has announced an overall acting dividend of Rs 29 per equity reveal. The document time has been actually fixed as Nov 6, and the returns is going to be actually paid for to shareholders on November 21.

The dab and also earnings amounts were listed below ETNOW survey quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The company proclaimed that its own panel of directors has chosen to split up the frozen yogurt service. The panel’s choice to separate business is in line with the referrals created by the Independent Committee adhering to a complete assessment of the business, the firm filing said.Earnings just before passion, income tax, devaluation and amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores mentioned in the exact same quarter in 2014. EBITDA margin at 23.8% declined through 80 bps versus the very same quarter in the final fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Sign up with the community of 2M+ industry experts.Subscribe to our bulletin to get most current knowledge &amp review. Install ETRetail Application.Obtain Realtime updates.Spare your favourite write-ups.

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