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

.Rep imageFMCG major Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its own standalone web profit for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The earnings from functions in the documented quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the equivalent one-fourth of the previous economic year.The company has announced a complete interim returns of Rs 29 every equity share. The record day has actually been actually fixed as Nov 6, and also the reward will be actually spent to shareholders on November 21.

The PAT and also profits numbers were actually below ETNOW survey estimates of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The business announced that its own panel of directors has actually chosen to split up the ice cream service. The board’s selection to separate business remains in line along with the referrals brought in by the Independent Board adhering to a thorough testimonial of the business, the business declaring said.Earnings before interest, tax, devaluation and also amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the very same fourth in 2014. EBITDA frame at 23.8% declined through 80 bps versus the same quarter in the final financial year.

Posted On Oct 23, 2024 at 05:17 PM IST. Join the community of 2M+ field experts.Sign up for our e-newsletter to obtain latest knowledge &amp review. Download And Install ETRetail App.Obtain Realtime updates.Save your favorite articles.

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