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

.Agent imageFMCG significant Hindustan Unilever (HUL) on Wednesday reported a 4% join its own standalone net profit for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue coming from functions in the declared fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the matching fourth of the previous economic year.The firm has actually stated an overall acting reward of Rs 29 per equity portion. The file time has been actually taken care of as November 6, as well as the returns will certainly be actually spent to investors on November 21.

The PAT and profits numbers were actually listed below ETNOW survey price quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The business announced that its panel of supervisors has chosen to separate the frozen yogurt business. The panel’s decision to separate business remains in line along with the referrals created due to the Independent Committee following a thorough evaluation of the business, the company filing said.Earnings just before rate of interest, income tax, devaluation as well as amortisation (EBITDA) for the quarter was Rs 3,647 crores versus Rs 3,694 crores reported in the exact same quarter in 2014. EBITDA frame at 23.8% declined by 80 bps versus the very same fourth in the last fiscal year.

Posted On Oct 23, 2024 at 05:17 PM IST. Participate in the community of 2M+ market professionals.Subscribe to our email list to get newest knowledge &amp study. Download And Install ETRetail App.Acquire Realtime updates.Save your favourite short articles.

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