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

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday stated a 4% join its standalone net revenue for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The income coming from functions in the noted one-fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the equivalent one-fourth of the previous financial year.The firm has actually announced a total acting dividend of Rs 29 every equity portion. The record date has been taken care of as November 6, and also the dividend will certainly be actually spent to investors on November 21. The PAT as well as profits numbers were actually below ETNOW poll estimations of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its own board of supervisors has actually decided to separate the ice cream organization. The board's choice to separate business remains in line along with the referrals made due to the Independent Committee observing a detailed assessment of your business, the firm submission said.Earnings just before enthusiasm, tax obligation, depreciation as well as amortisation (EBITDA) for the quarter was actually Rs 3,647 crores versus Rs 3,694 crores mentioned in the exact same quarter last year. EBITDA margin at 23.8% decreased by 80 bps versus the very same one-fourth in the last fiscal year.
Published On Oct 23, 2024 at 05:17 PM IST.




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