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

.Rep imageFMCG major Hindustan Unilever (HUL) on Wednesday reported a 4% join its standalone web income for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The revenue coming from procedures in the declared one-fourth stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the matching one-fourth of the previous financial year.The business has stated an overall interim returns of Rs 29 every equity reveal. The report time has actually been fixed as November 6, as well as the reward will definitely be actually paid to shareholders on November 21.

The PAT and also income figures were below ETNOW survey quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The business proclaimed that its panel of directors has actually made a decision to separate the gelato service. The panel’s decision to separate the business remains in line with the recommendations brought in by the Independent Board observing a comprehensive customer review of the business, the provider submitting said.Earnings just before enthusiasm, tax, depreciation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the same quarter in 2013. EBITDA frame at 23.8% declined by 80 bps versus the same quarter in the last financial year.

Released On Oct 23, 2024 at 05:17 PM IST. Sign up with the community of 2M+ market experts.Sign up for our email list to get newest understandings &amp review. Install ETRetail App.Receive Realtime updates.Conserve your favourite posts.

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