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

.Agent imageFMCG major Hindustan Unilever (HUL) on Wednesday stated a 4% fall in its own standalone web income for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The income from procedures in the reported 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 monetary year.The business has declared a complete acting reward of Rs 29 per equity portion. The document date has been actually corrected as Nov 6, and the dividend will be spent to shareholders on November 21.

The PAT and also earnings bodies were actually listed below ETNOW poll price quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The business stated that its panel of supervisors has actually decided to separate the gelato service. The board’s selection to split up the business remains in line with the referrals made due to the Independent Committee following a complete assessment of the business, the provider submitting said.Earnings before interest, income tax, depreciation as well as amortisation (EBITDA) for the one-fourth was Rs 3,647 crores versus Rs 3,694 crores mentioned in the exact same fourth in 2013. EBITDA margin at 23.8% dropped through 80 bps versus the very same quarter in the last fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Join the neighborhood of 2M+ market professionals.Subscribe to our email list to obtain newest knowledge &amp study. Download ETRetail Application.Get Realtime updates.Conserve your favorite short articles.

Browse to download and install App.