Suspense Crime Sach Ka Dam
Hindustan Unilever Q2 Results: Leading FMCG company Hindustan Unilever on Wednesday released the results for the second quarter of the current financial year 2024-25. In the July-September quarter, the company’s net profit registered a marginal decline of 2.33 percent. However, before the company’s results came out, Hindustan Unilever shares closed down 0.90 percent (Rs 24.05) at Rs 2658.00 on the BSE on Wednesday. With this, the price of Hindustan Unilever shares has now come down further from its 52-week high. The 52-week high of the company’s shares is Rs 3034.50.
Hindustan Unilever’s revenue declined by 2.33 percent.
Hindustan Unilever (HUL) said that its net profit fell by 2.33 percent to Rs 2595 crore in the second quarter of the current financial year. HUL told the stock market exchanges on Wednesday that the company’s performance has been adversely affected due to low demand from the urban market in the second quarter. Let us tell you that HUL generated a net profit of Rs 2657 crore in the second quarter of the last financial year. However, during this period the company’s revenue increased by 2.36 percent to Rs 15,703 crore. Whereas in the second quarter of last year, the company’s revenue was Rs 15,340 crore.
The total income of the leading FMCG company also registered an increase.
Hindustan Unilever, the Indian unit of British company Unilever, has big and famous brands like Surf, Rin, Lux, Ponds, Lifebuoy, Brooke Bond, Lipton and Horlicks. HUL CEO and Managing Director Rohit Java said, “In the September quarter, there was a slight increase in the demand for FMCG in urban markets, while the improvement continued in rural areas. In this context, we performed competitively and profitably.” The total expenditure of the company in the September quarter was Rs 12,581 crore, which is 3.03 percent more on an annual basis. During this period, the total income of HUL increased by 2.14 percent to Rs 16,145 crore as compared to the second quarter of last year.
