HUL shares in focus on Q2 earnings, Rs 29/share interim dividend
Hindustan Unilever (HUL) are likely to remain in focus on Thursday following a 4% fall in its standalone net profit for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period.
On Wednesday the FMCG major reported revenue from operations at Rs 15,319 crore, which was up 2% over Rs 15,027 crore reported in the corresponding quarter of the previous financial year.
The company has declared a total interim dividend of Rs 29 per equity share. The record date has been fixed as November 6, and the dividend will be paid to shareholders on November 21.
The PAT and revenue figures were below ET NOW poll estimates of Rs 2,657 crore and Rs 15,792 crore, respectively.
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