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

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday reported a 4% fall in its standalone net profit for the fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The revenue from operations in the noted quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the equivalent fourth of the previous monetary year.The firm has declared a total acting returns of Rs 29 per equity reveal. The document day has actually been taken care of as November 6, and the returns will certainly be paid for to investors on November 21.

The PAT as well as income bodies were actually listed below ETNOW poll price quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The provider declared that its own board of supervisors has determined to separate the ice cream service. The panel’s selection to separate your business remains in line along with the suggestions created by the Independent Board observing a complete review of your business, the provider submission said.Earnings prior to passion, income tax, deflation as well as amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores reported in the same quarter last year. EBITDA margin at 23.8% declined through 80 bps versus the same one-fourth in the last fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Join the area of 2M+ sector experts.Register for our bulletin to receive most current knowledge &amp review. Install ETRetail Application.Receive Realtime updates.Save your much-loved short articles.

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