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

.Representative imageFMCG significant Hindustan Unilever (HUL) on Wednesday disclosed a 4% fall in its own standalone internet income for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. The revenue from procedures in the declared one-fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore stated in the corresponding one-fourth of the previous economic year.The business has actually stated a total interim dividend of Rs 29 every equity share. The document date has actually been repaired as Nov 6, and also the returns will definitely be actually paid out to shareholders on Nov 21. The PAT and earnings figures were listed below ETNOW survey estimates of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The provider declared that its panel of supervisors has chosen to separate the ice cream service. The panel's selection to separate your business is in line along with the referrals made due to the Independent Committee following a thorough evaluation of the business, the firm submission said.Earnings before interest, income tax, loss of value and also amortisation (EBITDA) for the quarter was actually Rs 3,647 crores versus Rs 3,694 crores disclosed in the very same fourth in 2013. EBITDA margin at 23.8% declined through 80 bps versus the very same one-fourth in the last fiscal year.
Released On Oct 23, 2024 at 05:17 PM IST.




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