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

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday stated a 4% fall in its standalone net income for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The income from functions in the documented fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore reported in the corresponding quarter of the previous financial year.The company has actually declared an overall interim dividend of Rs 29 every equity reveal. The document time has actually been actually fixed as Nov 6, as well as the dividend will definitely be paid out to shareholders on Nov 21.

The PAT as well as profits bodies were listed below ETNOW survey price quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The provider stated that its own board of directors has actually decided to separate the frozen yogurt organization. The panel’s selection to separate the business resides in line with the referrals brought in due to the Independent Committee following a detailed testimonial of your business, the company submitting said.Earnings just before interest, tax obligation, deflation and also amortisation (EBITDA) for the quarter was actually Rs 3,647 crores versus Rs 3,694 crores reported in the very same quarter in 2013. EBITDA scope at 23.8% declined by 80 bps versus the very same quarter in the last financial year.

Published On Oct 23, 2024 at 05:17 PM IST. Join the neighborhood of 2M+ industry specialists.Subscribe to our newsletter to receive most recent insights &amp review. Install ETRetail Application.Acquire Realtime updates.Spare your favourite write-ups.

Check to download and install Application.