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

.Rep imageFMCG major Hindustan Unilever (HUL) on Wednesday stated a 4% fall in its own standalone web earnings for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The revenue from functions in the noted fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the equivalent quarter of the previous financial year.The provider has stated a complete acting reward of Rs 29 per equity allotment. The record time has actually been actually fixed as November 6, and also the reward will certainly be paid out to shareholders on Nov 21.

The dab and also earnings bodies were actually below ETNOW poll price quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its board of supervisors has actually made a decision to separate the frozen yogurt business. The panel’s choice to split up business remains in line with the referrals made due to the Independent Board following a comprehensive evaluation of business, the provider submission said.Earnings just before rate of interest, tax obligation, loss of value as well as amortisation (EBITDA) for the one-fourth was Rs 3,647 crores versus Rs 3,694 crores mentioned in the same one-fourth in 2015. EBITDA frame at 23.8% declined through 80 bps versus the very same one-fourth in the last fiscal year.

Published On Oct 23, 2024 at 05:17 PM IST. Join the area of 2M+ industry professionals.Sign up for our email list to acquire newest knowledge &amp review. Download ETRetail App.Obtain Realtime updates.Spare your much-loved posts.

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