Hindustan Unilever has actually determined to divide its gelato service.
HUL Q2 Results: Its profits from item sales throughout July-September 2024 surges 2.36 percent to Rs 15,703 crore.
FMCG significant Hindustan Unilever Ltd (HUL) on Wednesday reported a 2.33 percent autumn in its combined web earnings to Rs 2,595 crore for the 2nd quarter finished September 30, 2024. Its profits from item sales throughout July-September 2024 increased 2.36 percent to Rs 15,703 crore. The profits had actually stood at Rs 15,340 crore in the year-ago duration.
HUL had actually logged a web earnings of Rs 2,657 crore in the July-September quarter a year earlier, the firm claimed in a regulative declaring.
The firm has actually likewise determined to divide its gelato service.
HUL CHIEF EXECUTIVE OFFICER and Managing Director Rohit Jawa claimed, “In the September quarter, FMCG demand witnessed moderating growth in urban markets, while rural continued to recover gradually. In this context, we delivered a competitive and profitable performance.”
Hindustan Unilever reported a hidden sales development of 2 percent and underlying quantity development of 3 percent. Total expenditures went to Rs 12,581 crore in the September quarter, up 3.03 percent year-on-year.
Its complete earnings, that includes various other earnings, was up 2.14 percent to Rs 16,145 crore in the September quarter of FY25.
Shares of HUL on Wednesday dropped 0.09 percent to shut at Rs 2,658 each on the BSE.
