Search
Advertisement
Hindustan Unilever Q2 results: Profit jumps 20% YoY to Rs 2,616 crore

Hindustan Unilever Q2 results: Profit jumps 20% YoY to Rs 2,616 crore

Total sales for the quarter rose 16 per cent YoY to Rs 14,514 crore while Ebitda margin came in at 23.3 per cent. 

Amit Mudgill
Amit Mudgill
  • Updated Oct 21, 2022 5:27 PM IST
Hindustan Unilever Q2 results: Profit jumps 20% YoY to Rs 2,616 croreIn a filing to BSE, Hindustan Unilever said its volume were up 4 per cent for the quarter.

Hindustan Unilever (HUL) on Friday reported a 19.61 per cent year-on-year (YoY) rise in standalone net profit at Rs 2,616 crore compared with Rs 2,187 crore in the same quarter last year.

Sales for the quarter rose 16 per cent YoY to Rs 14,514 crore from Rs 12,516 crore, the company said in a BSE filing.

Advertisement

The company board announced an interim dividend of Rs 17 per share.

Ebitda margin for the quarter came in at 23.3 per cent, down 180 basis points over 25 per cent in the year-ago quarter.

In a filing to BSE, Hindustan Unilever said its volume were up 4 per cent for the quarter. Growth was significantly ahead of the market, with more than 75 per cent of the business winning value and volume market shares, the FMCG company said.

Follow us on

ABOUT THE AUTHOR

Amit Mudgill
Amit Mudgill

A financial journalist with over 18 years of experience in print and digital media, I cover India's capital markets, focusing on stocks, IPOs, mutual funds, corporate earnings, and market trends. Currently with Business Today, I report on equities, corporate developments, fundraising activity, and the broader investment landscape, delivering timely, data-backed insights to investors and readers.

Previously, I worked with The Economic Times and Deccan Chronicle, covering business, markets, and corporate affairs. My experience spans breaking news, analysis, and long-form features, with a strong focus on financial markets and investment-related reporting.

I am on the go 24/7:  Saying 'Good Night' to Dow Jones and 'Good Morning' to Gift Nifty comes naturally. Ask me about data and you'll hear stories. Away from markets, I enjoy stargazing, astrophotography, reading about India's neighbourhood, and playing video games.

Published on: Oct 21, 2022 5:22 PM IST