Columns

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

.Agent imageFMCG primary Hindustan Unilever (HUL) on Wednesday stated a 4% join its own standalone internet income for the fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago time. The earnings coming from functions in the documented one-fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore disclosed in the matching quarter of the previous financial year.The business has actually proclaimed a total interim returns of Rs 29 every equity share. The report date has actually been taken care of as November 6, as well as the returns will certainly be spent to shareholders on November 21. The PAT and revenue amounts were below ETNOW survey estimates of Rs 2,657 crore and Rs 15,792 crore, respectively.The business announced that its board of supervisors has actually made a decision to separate the gelato business. The panel's decision to split up the business resides in line with the referrals created due to the Independent Committee adhering to an extensive evaluation of your business, the business filing said.Earnings before interest, tax obligation, deflation and amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the very same fourth in 2015. EBITDA margin at 23.8% declined through 80 bps versus the exact same fourth in the final financial year.
Released On Oct 23, 2024 at 05:17 PM IST.




Participate in the area of 2M+ business specialists.Register for our e-newsletter to obtain most up-to-date knowledge &amp review.


Install ETRetail App.Acquire Realtime updates.Conserve your preferred articles.


Scan to install Application.