HUL Q4FY18 Results Beat Estimate With Net Profit Of Rs. 1351 Cr

The FMCG leading company, HUL on Monday reported its Q4FY18 financial numbers which exceeded the analyst estimates, with a standalone net profit to the tune of Rs 1,351 crore, up 14.2% on a year-on-year basis. The net profit figure for the period under review of the previous year reported net profits at Rs. 1,183 crores.

For the quarter ended Decemeber FY18, the company reported net profits at Rs. 1,326 crore.

Net sales of the company also reported an increase of 2.62% over the same quarter last year, which excluding the excise duty came in at Rs. 9,003 crore during the period. In the previous quarter ended December, net sales were higher at Rs. 8,323 crore.

Comparable margin for the quarter came in higher by 160 basis points for the quarter. Also, the EBITDA grew at the rate of 24% on a year-on-year basis and was at Rs 2048 crores.

Cash generation on a year-on-year basis remained higher by 20% and was reported at Rs. 8126 crore.

The growth in volume also remained higher at 11% during the period under review while the consumer growth at the domestic level was up 16%.

As the company is on the gradual path of growth in respect of demand, it put its focus on prime economic factors such as crude oil prices, inflation and rupee-dollar movement.

The Board of directors of HUL has made a proposal to provide a final dividend of Rs. 12 for the FY18 on shares of Rs. 1 each.

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