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

.Agent imageFMCG major Hindustan Unilever (HUL) on Wednesday disclosed a 4% join its standalone internet profit for the fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue coming from operations in the noted fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding quarter of the previous monetary year.The provider has actually declared a complete acting reward of Rs 29 per equity reveal. The record date has been corrected as Nov 6, and the reward will definitely be actually spent to shareholders on November 21. The PAT and income numbers were actually below ETNOW survey estimations of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The company stated that its board of directors has actually chosen to split up the ice cream organization. The panel's choice to separate the business is in line along with the suggestions created by the Independent Board following a thorough review of your business, the company declaring said.Earnings prior to passion, tax, depreciation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the exact same fourth in 2015. EBITDA scope at 23.8% declined by 80 bps versus the very same one-fourth in the last fiscal year.
Published On Oct 23, 2024 at 05:17 PM IST.




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