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HUL Q2 net profit falls 4% YoY to Rs 2,612 crore, earnings advances 2%, ET Retail

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday stated a 4% join its own standalone internet profit for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The income from procedures in the declared quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the equivalent fourth of the previous economic year.The provider has actually announced an overall acting reward of Rs 29 per equity allotment. The report date has been actually dealt with as November 6, as well as the reward will certainly be paid out to shareholders on November 21. The dab and also revenue bodies were below ETNOW poll estimations of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its panel of directors has actually chosen to split up the gelato service. The board's choice to split up business remains in line with the recommendations made by the Independent Board following a complete evaluation of your business, the business submission said.Earnings prior to passion, tax obligation, loss of value as well as amortisation (EBITDA) for the fourth was Rs 3,647 crores versus Rs 3,694 crores reported in the same quarter in 2014. EBITDA frame at 23.8% decreased through 80 bps versus the same quarter in the last fiscal year.
Released On Oct 23, 2024 at 05:17 PM IST.




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