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

.Agent imageFMCG major Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its own standalone web revenue for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The earnings coming from procedures in the declared fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore disclosed in the matching quarter of the previous financial year.The firm has declared a total acting returns of Rs 29 per equity portion. The report day has actually been corrected as November 6, and the reward is going to be paid to shareholders on Nov 21.

The dab and earnings bodies were actually below ETNOW survey quotes of Rs 2,657 crore and Rs 15,792 crore, respectively.The business stated that its panel of supervisors has decided to separate the ice cream service. The panel’s choice to split up business resides in line with the referrals made by the Independent Committee complying with a detailed customer review of business, the provider declaring said.Earnings before interest, tax, loss of value and amortisation (EBITDA) for the fourth was Rs 3,647 crores versus Rs 3,694 crores stated in the same quarter in 2014. EBITDA margin at 23.8% declined through 80 bps versus the exact same quarter in the final financial year.

Released On Oct 23, 2024 at 05:17 PM IST. Join the area of 2M+ market experts.Subscribe to our email list to acquire latest knowledge &amp review. Download And Install ETRetail App.Acquire Realtime updates.Conserve your favourite write-ups.

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