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

.Rep imageFMCG significant Hindustan Unilever (HUL) on Wednesday disclosed a 4% fall in its standalone net 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 profits from procedures in the reported one-fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the corresponding fourth of the previous monetary year.The firm has actually declared a complete interim returns of Rs 29 every equity allotment. The file day has been actually repaired as November 6, as well as the returns will be actually spent to investors on November 21. The PAT as well as revenue amounts were below ETNOW survey quotes of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The company announced that its board of directors has actually chosen to split up the gelato company. The panel's choice to separate your business resides in line along with the suggestions made by the Independent Board following an extensive customer review of business, the company submission said.Earnings just before enthusiasm, tax, deflation and amortisation (EBITDA) for the fourth was actually Rs 3,647 crores versus Rs 3,694 crores reported in the same quarter last year. EBITDA frame at 23.8% dropped through 80 bps versus the very same one-fourth in the last financial year.
Posted On Oct 23, 2024 at 05:17 PM IST.




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