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

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday reported a 4% fall in its own standalone net revenue for the one-fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The income coming from procedures in the declared quarter stood at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the matching one-fourth of the previous economic year.The provider has actually proclaimed a total acting returns of Rs 29 every equity allotment. The report date has been actually fixed as November 6, as well as the returns is going to be actually spent to investors on November 21. The dab and also earnings amounts were listed below ETNOW poll price quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The provider stated that its own board of supervisors has actually decided to split up the gelato company. The board's decision to separate your business remains in line with the recommendations made by the Independent Committee complying with a complete testimonial of business, the business submission said.Earnings prior to passion, tax obligation, devaluation as well as amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores mentioned in the same fourth in 2014. EBITDA scope at 23.8% declined through 80 bps versus the same fourth in the final financial year.
Published On Oct 23, 2024 at 05:17 PM IST.




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