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

.Agent imageFMCG significant Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its own standalone internet profit for the one-fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The revenue coming from operations in the reported fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore reported in the matching one-fourth of the previous monetary year.The company has announced an overall interim returns of Rs 29 every equity reveal. The record time has been taken care of as November 6, and the reward will definitely be spent to investors on Nov 21.

The PAT as well as revenue amounts were actually below ETNOW survey price quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The provider proclaimed that its board of directors has chosen to separate the gelato business. The board’s selection to split up the business resides in line along with the referrals created due to the Independent Committee complying with an extensive testimonial of your business, the business submitting said.Earnings prior to passion, tax obligation, loss of value and also amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the very same fourth in 2014. EBITDA margin at 23.8% dropped through 80 bps versus the same quarter in the final fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Participate in the area of 2M+ field professionals.Sign up for our bulletin to obtain most up-to-date knowledge &amp review. Download ETRetail Application.Get Realtime updates.Save your favourite short articles.

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