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

.Representative imageFMCG major Hindustan Unilever (HUL) on Wednesday mentioned a 4% fall in its own standalone web profit for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue from operations in the documented fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the matching one-fourth of the previous monetary year.The business has actually stated a total interim reward of Rs 29 every equity share. The file date has been repaired as Nov 6, and also the reward will definitely be actually spent to investors on Nov 21.

The dab and revenue numbers were actually listed below ETNOW poll estimations of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The business declared that its board of supervisors has decided to split up the ice cream service. The panel’s choice to split up business resides in line with the referrals created by the Independent Board observing a detailed testimonial of your business, the business submitting said.Earnings before enthusiasm, income tax, depreciation as well as amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the exact same one-fourth in 2013. EBITDA frame at 23.8% decreased by 80 bps versus the exact same one-fourth in the last fiscal year.

Posted On Oct 23, 2024 at 05:17 PM IST. Participate in the neighborhood of 2M+ sector professionals.Sign up for our email list to obtain most current insights &amp review. Download And Install ETRetail App.Get Realtime updates.Conserve your favorite posts.

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