Columns

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

.Representative imageFMCG major Hindustan Unilever (HUL) on Wednesday disclosed a 4% join its standalone web profit for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The earnings coming from functions in the reported quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding fourth of the previous financial year.The firm has proclaimed a total interim returns of Rs 29 every equity portion. The document date has actually been actually dealt with as Nov 6, and also the reward will be actually spent to shareholders on November 21. The dab and revenue numbers were listed below ETNOW survey price quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The provider announced that its panel of directors has actually decided to separate the gelato service. The panel's selection to split up your business is in line along with the suggestions brought in by the Independent Committee adhering to a thorough customer review of the business, the business submitting said.Earnings just before interest, tax obligation, loss of value as well as amortisation (EBITDA) for the one-fourth was Rs 3,647 crores versus Rs 3,694 crores reported in the very same fourth last year. EBITDA frame at 23.8% declined through 80 bps versus the exact same one-fourth in the final fiscal year.
Posted On Oct 23, 2024 at 05:17 PM IST.




Sign up with the neighborhood of 2M+ market experts.Subscribe to our newsletter to receive newest insights &amp analysis.


Download ETRetail Application.Receive Realtime updates.Spare your preferred short articles.


Browse to download App.

Articles You Can Be Interested In