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HUL Q2 net profit falls 4% YoY to Rs 2,612 crore, revenue advances 2%, ET Retail

.Representative imageFMCG major Hindustan Unilever (HUL) on Wednesday stated a 4% fall in its own standalone web income for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The earnings coming from functions in the documented quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding fourth of the previous monetary year.The business has actually announced an overall acting returns of Rs 29 per equity portion. The document day has been corrected as Nov 6, and also the dividend is going to be spent to investors on November 21. The PAT and earnings numbers were listed below ETNOW poll estimations of Rs 2,657 crore and also Rs 15,792 crore, respectively.The company announced that its board of directors has actually decided to separate the ice cream company. The panel's choice to separate your business is in line with the suggestions created by the Independent Board observing a comprehensive review of the business, the company filing said.Earnings prior to enthusiasm, tax, devaluation and also amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores reported in the very same one-fourth in 2014. EBITDA scope at 23.8% decreased through 80 bps versus the very same fourth in the last financial year.
Published On Oct 23, 2024 at 05:17 PM IST.




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