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HUL Q2 Results: Net profit up 4% on year to ₹2,717 crore; dividend declared
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₹2,717 crore. The company had reported a profit of ₹2,616 crore in the year-ago period.
Sequentially, the net profit was up 10%. Hindustan Unilever share price closed flat at ₹2,549 apiece on BSE.
The total revenue from operations increased 3.6% to ₹15,276 crore from ₹14,751 crore, year-on-year (YoY). As per company's exchange filing, earnings before interest, taxes, depreciation, and amortization (EBITDA) margin for the quarter ended September, came in at 24.6%, up by 130 basis points on year.
According to the company's exchange filing, EBITDA for Q2FY24 was ₹3,694 crore, up by 9% on year from ₹3,694 crore during the same period last year. "Exciting news! Mint is now on WhatsApp Channels
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