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

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its standalone net profit for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The profits from procedures in the reported fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the corresponding fourth of the previous financial year.The provider has proclaimed an overall interim reward of Rs 29 per equity allotment. The record time has actually been repaired as November 6, and also the reward will definitely be paid to investors on Nov 21.

The dab and also earnings figures were actually below ETNOW survey price quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its board of supervisors has made a decision to split up the ice cream business. The panel’s selection to separate your business resides in line with the suggestions brought in by the Independent Committee observing a complete customer review of the business, the provider submission said.Earnings before passion, tax, depreciation as well as amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the same one-fourth in 2015. EBITDA scope at 23.8% decreased by 80 bps versus the same quarter in the last fiscal year.

Posted On Oct 23, 2024 at 05:17 PM IST. Participate in the community of 2M+ business experts.Sign up for our bulletin to receive newest insights &amp analysis. Download ETRetail Application.Receive Realtime updates.Save your much-loved write-ups.

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