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

.Representative imageFMCG major Hindustan Unilever (HUL) on Wednesday reported a 4% join its standalone web revenue for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The earnings from operations in the noted fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the equivalent fourth of the previous monetary year.The provider has proclaimed an overall interim reward of Rs 29 every equity portion. The record date has been actually corrected as Nov 6, and also the reward will certainly be actually paid for to investors on November 21.

The PAT and also earnings figures were listed below ETNOW survey estimations of Rs 2,657 crore and also Rs 15,792 crore, respectively.The provider stated that its panel of directors has actually chosen to split up the gelato service. The board’s choice to split up the business is in line along with the recommendations made by the Independent Committee following a comprehensive review of business, the provider declaring said.Earnings before rate of interest, tax, loss of value and also amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the same fourth last year. EBITDA frame at 23.8% decreased through 80 bps versus the same fourth in the last fiscal year.

Published On Oct 23, 2024 at 05:17 PM IST. Participate in the community of 2M+ market experts.Subscribe to our email list to obtain newest insights &amp review. Download And Install ETRetail Application.Receive Realtime updates.Conserve your preferred articles.

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