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Home»Business»HUL Q2 profit up 22 pc, volume growth of 4 pc
Business

HUL Q2 profit up 22 pc, volume growth of 4 pc

October 22, 2022No Comments2 Mins Read
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HUL Q2 profit up 22 pc, volume growth of 4 pc
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FMCG main Hindustan Unilever has posted a 22.19 per cent rise in its consolidated web revenue to Rs 2,670 crore for the second quarter ended September 2022 as in opposition to a web revenue of Rs 2,185 crore within the July-September quarter of the earlier fiscal. Its whole earnings elevated 16.44 per cent in the course of the quarter beneath evaluation to Rs 15,253 crore from Rs 13,099 crore within the year-ago interval, HUL mentioned.

HUL declared an interim dividend of Rs 17 per fairness share of face worth of Re 1 every.

“Progress was considerably forward of the market with greater than 75 per cent of the enterprise successful worth and quantity market share,” mentioned HUL in its incomes assertion. Its whole bills rose 18.12 per cent to Rs 11,965 crore in comparison with Rs 10,129 crore within the second quarter of the final fiscal.

Sanjiv Mehta, CEO and Managing Director, mentioned, “constructing on our robust momentum we’ve got delivered one more quarter of stable all-round efficiency.

“We proceed to make wonderful progress on our ‘Reimagine HUL’ agenda launching two new digital manufacturers, reaching the milestone of 1 million Shikhar retailers and our manufacturing website at Dapada turning into the primary in India to be acknowledged as a sustainability lighthouse by the World Financial Discussion board,” he mentioned.



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