HUL Q2 internet income drops 4% YoY to Rs 2,612 crore, earnings advances 2%, ET Retail

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its standalone net profit for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The revenue from procedures in the documented one-fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the matching one-fourth of the previous economic year.The provider has declared an overall interim reward of Rs 29 every equity portion. The record time has been actually corrected as Nov 6, as well as the dividend will be actually paid to investors on November 21.

The dab as well as profits numbers were listed below ETNOW poll quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business declared that its own panel of directors has decided to split up the frozen yogurt business. The board’s selection to split up your business resides in line with the recommendations created due to the Independent Committee observing an extensive customer review of your business, the business submission said.Earnings prior to interest, income tax, devaluation and also amortisation (EBITDA) for the one-fourth was Rs 3,647 crores versus Rs 3,694 crores mentioned in the same one-fourth in 2014. EBITDA margin at 23.8% declined through 80 bps versus the very same quarter in the final fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Join the area of 2M+ market experts.Subscribe to our bulletin to receive most recent knowledge &amp analysis. Download And Install ETRetail App.Acquire Realtime updates.Spare your favourite posts.

Check to download and install App.