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HUL Q2 net revenue drops 4% YoY to Rs 2,612 crore, profits increases 2%, ET Retail

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday reported a 4% join its standalone internet income for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The earnings coming from functions in the documented quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore reported in the corresponding fourth of the previous financial year.The company has stated a total acting dividend of Rs 29 every equity share. The record date has been fixed as Nov 6, and the dividend is going to be actually paid to shareholders on Nov 21. The PAT and also earnings bodies were actually listed below ETNOW survey estimates of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The company declared that its own board of directors has chosen to split up the ice cream company. The board's selection to separate business is in line with the suggestions brought in due to the Independent Board following a comprehensive customer review of the business, the company submitting said.Earnings before rate of interest, income tax, loss of value and amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the exact same fourth last year. EBITDA frame at 23.8% declined by 80 bps versus the exact same one-fourth in the last financial year.
Posted On Oct 23, 2024 at 05:17 PM IST.




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