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

.Agent imageFMCG major Hindustan Unilever (HUL) on Wednesday disclosed a 4% fall in its own standalone internet revenue for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The income from procedures in the declared quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the corresponding quarter of the previous monetary year.The business has announced a complete interim returns of Rs 29 per equity share. The file day has been actually taken care of as November 6, and the reward will certainly be actually spent to investors on Nov 21. The PAT and earnings amounts were listed below ETNOW survey estimates of Rs 2,657 crore and Rs 15,792 crore, respectively.The firm announced that its board of supervisors has actually made a decision to separate the ice cream organization. The board's selection to separate your business resides in line along with the suggestions made by the Independent Committee adhering to an extensive customer review of your business, the business submission said.Earnings just before enthusiasm, tax obligation, devaluation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the exact same quarter in 2013. EBITDA margin at 23.8% dropped by 80 bps versus the same quarter in the last fiscal year.
Released On Oct 23, 2024 at 05:17 PM IST.




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