HUL profit dips 1.5% to ₹2,561 cr net sales flat at ₹15,013 cr
The Free Press Journal|April 25, 2024
FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in consolidated net profit to Rs 2,561 crore for the fourth quarter of FY24 on account of deflation due to softening of commodity prices.

The company had posted a net profit of Rs 2,601 crore in the year-ago period, according to a regulatory filing from HUL.

Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarter.

While HUL's total expenses were up 1.15 per cent to Rs 12,100 crore in the March quarter from Rs 11,962 crore a year ago.

The total income of HUL during the fourth quarter of the previous fiscal was flat at Rs 15,441 crore as against Rs 15,375 crore a year ago.

"HUL delivered a resilient performance in Q4 with underlying sales growth of 1 per cent, underlying volume growth (UVG) of 2 per cent and EBITDA margin at 23.4 per cent," HUL said in its earning statement.

هذه القصة مأخوذة من طبعة April 25, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 25, 2024 من The Free Press Journal.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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