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

.Agent imageFMCG major Hindustan Unilever (HUL) on Wednesday disclosed a 4% fall in its standalone internet earnings for the fourth finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The income coming from operations in the reported quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore reported in the matching one-fourth of the previous monetary year.The provider has actually declared an overall acting dividend of Rs 29 every equity share. The document day has been dealt with as Nov 6, as well as the reward will be actually spent to investors on November 21. The dab and profits amounts were listed below ETNOW poll quotes of Rs 2,657 crore and also Rs 15,792 crore, respectively.The business stated that its panel of directors has chosen to separate the gelato company. The panel's decision to separate business is in line along with the referrals made by the Independent Committee complying with an extensive testimonial of the business, the provider submitting said.Earnings before rate of interest, tax obligation, depreciation and amortisation (EBITDA) for the quarter was Rs 3,647 crores versus Rs 3,694 crores stated in the very same fourth in 2013. EBITDA scope at 23.8% declined by 80 bps versus the same fourth in the final financial year.
Posted On Oct 23, 2024 at 05:17 PM IST.




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