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

.Representative imageFMCG primary Hindustan Unilever (HUL) on Wednesday mentioned a 4% join its own standalone web income for the one-fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue from operations in the reported quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the matching fourth of the previous monetary year.The business has actually proclaimed an overall acting reward of Rs 29 per equity share. The report time has actually been actually taken care of as November 6, and also the returns will be actually paid out to investors on Nov 21. The dab and income amounts were below ETNOW poll estimations of Rs 2,657 crore and Rs 15,792 crore, respectively.The firm proclaimed that its board of supervisors has actually determined to split up the frozen yogurt business. The board's choice to separate your business is in line along with the suggestions created due to the Independent Board following a detailed assessment of the business, the business filing said.Earnings before enthusiasm, tax obligation, depreciation as well as amortisation (EBITDA) for the quarter was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the very same one-fourth in 2015. EBITDA frame at 23.8% decreased through 80 bps versus the same quarter in the final financial year.
Released On Oct 23, 2024 at 05:17 PM IST.




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