HUL announced the Finance results on total revenue Rs 11,593 crore increase 16% and company dividend declared Rs 14

HUL announced the Finance results on total revenue Rs 11,593 crore increase 16% and company dividend declared Rs.14 per shares

India is the Largest FMCG Product Production company, Hindustan Unilever today announced the Finance results a net profit increase 9% percent Rs.2,009 crore for theses quarter 30 September, The same last year quarter net profit Rs.1,848 crore but these quarter good profit show the company.

An HUL total revenue in the business Rs. 11,442 crore, a last year same quarter in Rs.9,852 crore.

The company’s total sales grew by 16% percent this quarter. underlying domestic consumer business sales (excluding the impact of business combination) grew by 3% percent in the quarter.

EBITDA (Earnings before interest, tax, depreciation, and amortization) in the quarter at Rs.2,869 crore, but last year same quarter EBITDA Rs.2,443 crores, this year growth by 17% percent. Margins improve for the 25.07% percent YoY change 27 Bps.

Hindustan Unilever has declared an interim dividend of Rs.14 per share.

The growth this quarter was competitive and profitable with Reported turnover growth of 16% and Domestic consumer growth (excluding the impact of the merger of GSK CH and acquisition of ‘VWas’) of 3%. The strength of our portfolio is demonstrated by the fact that 70% of our business in faining penetration ahead. Health, Hygiene, and Nutrition forming c.80% of our portfolio grew in double digits.

Chairman and Managing Director of Sanjiv Mehta Said; ‘ In the context of a challenging economic environment, our growth has been competitive and profitable. We continue to demonstrate execution prowess, agility, adaptability, resilience, and passion of our people. We have expanded our portfolio with consumer-relevant innovations and have invested strongly behind our brands. Our operations and service levels are now back to pre covid levels and we have accelerated the pace of digitizing our operation under the ‘Re-imagine HUL’ agenda.

The rural area sale resilient but urban areas demand increase on especially in metropolitan cities has been muted.

Hindustan Unilever shares price downside on current end share price Rs.2,173.10 a day price changes -0.22% percent fall.

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