.Rep imageFMCG major Hindustan Unilever (HUL) on Wednesday reported a 4% fall in its own standalone net income for the quarter finished September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago time. The earnings from functions in the documented quarter stood up at Rs 15,319 crore, up 2% over Rs 15,027 crore disclosed in the matching one-fourth of the previous financial year.The provider has stated a total acting dividend of Rs 29 per equity share. The record date has been fixed as Nov 6, and the reward will definitely be actually paid for to shareholders on November 21.
The PAT and also revenue figures were actually listed below ETNOW poll estimates of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The provider declared that its own board of supervisors has chosen to split up the frozen yogurt service. The board’s choice to separate your business remains in line with the referrals made by the Independent Board observing a complete testimonial of the business, the business declaring said.Earnings before interest, tax obligation, depreciation and also amortisation (EBITDA) for the one-fourth was actually Rs 3,647 crores versus Rs 3,694 crores stated in the very same one-fourth in 2015. EBITDA frame at 23.8% decreased by 80 bps versus the same fourth in the final fiscal year.
Posted On Oct 23, 2024 at 05:17 PM IST. Sign up with the area of 2M+ field experts.Sign up for our email list to acquire latest insights & review. Install ETRetail App.Receive Realtime updates.Conserve your favourite write-ups.
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