HUL Q2 net profit falls 4% YoY to Rs 2,612 crore, earnings progresses 2%, ET Retail

.Rep imageFMCG primary Hindustan Unilever (HUL) on Wednesday mentioned a 4% fall in its standalone web revenue for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The earnings from operations in the reported one-fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding fourth of the previous financial year.The provider has announced a total interim dividend of Rs 29 every equity share. The report day has actually been repaired as Nov 6, as well as the dividend will certainly be spent to shareholders on November 21.

The dab and also revenue bodies were listed below ETNOW poll quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its board of supervisors has made a decision to split up the frozen yogurt business. The board’s choice to split up your business resides in line with the referrals made by the Independent Committee following a comprehensive review of the business, the provider submission said.Earnings before rate of interest, tax, depreciation and 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 frame at 23.8% dropped by 80 bps versus the exact same fourth in the last fiscal year.

Released On Oct 23, 2024 at 05:17 PM IST. Sign up with the neighborhood of 2M+ business professionals.Subscribe to our newsletter to get most recent knowledge &amp review. Download ETRetail Application.Receive Realtime updates.Save your preferred posts.

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