.Rep imageFMCG major Hindustan Unilever (HUL) on Wednesday mentioned a 4% fall in its standalone net revenue for the fourth ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore reported in the year-ago period. The revenue coming from operations in the reported fourth stood at Rs 15,319 crore, up 2% over Rs 15,027 crore mentioned in the corresponding one-fourth of the previous financial year.The firm has declared a total interim reward of Rs 29 every equity share. The file date has actually been taken care of as Nov 6, as well as the dividend will be spent to investors on Nov 21. The dab as well as profits figures were actually listed below ETNOW poll estimations of Rs 2,657 crore as well as Rs 15,792 crore, respectively.The company declared that its own panel of supervisors has actually chosen to split up the ice cream organization. The board's decision to separate business is in line with the referrals made by the Independent Committee observing an extensive review of your business, the business submission said.Earnings prior to interest, income tax, loss of value and amortisation (EBITDA) for the fourth was Rs 3,647 crores versus Rs 3,694 crores disclosed in the very same fourth last year. EBITDA scope at 23.8% decreased by 80 bps versus the exact same one-fourth in the final fiscal year.
Released On Oct 23, 2024 at 05:17 PM IST.
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