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

.Representative imageFMCG significant Hindustan Unilever (HUL) on Wednesday reported a 4% join its own standalone net revenue for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The income coming from operations in the reported fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding fourth of the previous monetary year.The firm has declared an overall interim returns of Rs 29 every equity allotment. The record day has been actually fixed as November 6, as well as the returns is going to be paid for to investors on Nov 21.

The dab as well as profits bodies were actually listed below ETNOW survey price quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its own panel of directors has made a decision to split up the ice cream service. The board’s choice to split up your business resides in line with the recommendations created by the Independent Board complying with a comprehensive evaluation of business, the company submitting said.Earnings before interest, tax, devaluation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores mentioned in the same quarter in 2013. EBITDA margin at 23.8% declined by 80 bps versus the exact same one-fourth in the last fiscal year.

Published On Oct 23, 2024 at 05:17 PM IST. Join the area of 2M+ sector experts.Subscribe to our newsletter to obtain newest understandings &amp review. Install ETRetail Application.Acquire Realtime updates.Save your preferred posts.

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