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

.Rep imageFMCG primary Hindustan Unilever (HUL) on Wednesday reported a 4% join its standalone internet income for the one-fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The earnings coming from operations in the declared one-fourth stood 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 stated a total acting dividend of Rs 29 per equity allotment. The record date has been dealt with as November 6, as well as the returns will definitely be spent to investors on Nov 21. The PAT and revenue numbers were actually below ETNOW poll estimations of Rs 2,657 crore and also Rs 15,792 crore, respectively.The firm stated that its board of directors has actually chosen to separate the frozen yogurt company. The board's decision to split up your business resides in line with the referrals created by the Independent Board following a thorough assessment of the business, the company filing said.Earnings before enthusiasm, tax obligation, depreciation as well as amortisation (EBITDA) for the quarter was Rs 3,647 crores versus Rs 3,694 crores reported in the same one-fourth in 2014. EBITDA margin at 23.8% dropped through 80 bps versus the very same quarter in the last financial year.
Published On Oct 23, 2024 at 05:17 PM IST.




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