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

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its standalone net earnings for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The earnings coming from functions in the documented one-fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the equivalent fourth of the previous monetary year.The business has announced an overall interim reward of Rs 29 per equity share. The file day has been actually taken care of as Nov 6, and also the reward will definitely be actually paid for to investors on Nov 21.

The PAT as well as revenue figures were listed below ETNOW survey price quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The business declared that its own panel of directors has chosen to split up the ice cream business. The panel’s selection to split up the business resides in line along with the referrals brought in by the Independent Board observing a thorough review of the business, the business submission said.Earnings before rate of interest, tax, devaluation and also amortisation (EBITDA) for the fourth was Rs 3,647 crores versus Rs 3,694 crores mentioned in the very same one-fourth in 2014. EBITDA scope at 23.8% declined by 80 bps versus the same fourth in the last financial year.

Posted On Oct 23, 2024 at 05:17 PM IST. Sign up with the neighborhood of 2M+ market professionals.Subscribe to our e-newsletter to acquire latest ideas &amp study. Download And Install ETRetail Application.Acquire Realtime updates.Save your favourite posts.

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