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

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday reported a 4% fall in its own standalone net profit for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The revenue coming from operations in the noted quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the equivalent quarter of the previous financial year.The firm has announced a complete acting reward of Rs 29 every equity reveal. The file date has actually been fixed as Nov 6, as well as the returns will definitely be actually paid out to shareholders on Nov 21. The dab as well as income numbers were below ETNOW survey price quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The provider proclaimed that its board of directors has actually decided to separate the frozen yogurt organization. The board's choice to separate business resides in line along with the suggestions made by the Independent Committee complying with a thorough evaluation of business, the business declaring said.Earnings just before interest, tax, deflation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the same quarter in 2013. EBITDA frame at 23.8% decreased by 80 bps versus the same fourth in the final financial year.
Published On Oct 23, 2024 at 05:17 PM IST.




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