Hindustan Unilever Ltd (HUL) on Wednesday reported a 6% drop in its standalone net profit at Rs 2,406 crore for the quarter ended March 2024. The same stood at Rs 2,552 crore in the last year quarter.
The profit was less than the Street estimate of Rs 2,462 crore.
Revenue from operations in the reporting period rose marginally to Rs 14,693 crore, compared with Rs 14,638 crore in the corresponding period of last year.
The Board has also recommended a final dividend of Rs 24 for the financial year ended March 2024.
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