Hindustan Unilever Ltd. Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· Total revenue from operations jumped by 4% YoY; stood at 15,027 Cr · Net profit saw a surge of 4% YoY and stood at ₹ 2,717 Cr · EBITDA saw a surge of 9% and stood at ₹ 3,694 Cr · Interim Dividend Declared: ₹ 18 per share

Performance Highlights

· Underlying Sales Growth: 4% · EBITDA Margin: 24.6% · Profit After Tax (PAT): ₹2,717 Cr

Company’s Expenses

Concomitantly, the expenses also shot up during the quarter. For the quarter under review, the company reported a total expense of ₹ 11,923 Cr, a 2% increase.

Major Announcements

Rohit Jawa, the CEO and MD of the company gave the insights for the near-term future:                                · Commodity prices may continue to be volatile · Focused on maintaining EBITDA margins in a healthy range