For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

HUL Reports 14% Rise In Q4 Profit; Board Recommends Dividend

|

On Friday, Hindustan Unilever Limited (HUL) reported a 14 percent increase in net profit to Rs 1,538 crore for the fourth quarter (Q4) of the financial year 2018-19 from Rs 1,351 crore a year ago.

HUL Reports 14% Rise In Q4 Profit; Board Recommends Dividend
 

Revenue for the March-ended quarter rose by 8.94 percent to Rs 9,808 crore from Rs 9,003 crore in the same quarter in 2018. In a BSE filing, the company said that its volume grew at 7 percent in March. Volume growth helps indicate growth in sales excluding the hikes in prices made by the company.

Its Home Care segment delivered a strong growth in volumes with Fabric Wash and Household Care growing in double digits.

EBITDA (earnings before interest, tax, depreciation and amortization) or operating income grew 13 percent from a year ago to Rs 2,331 crore. Operating margin expanded 23.3 percent in the March 2019 quarter.

The company's board has recommended a final dividend of Rs 13 per share of Re 1 for the financial year 2018-19. The final dividend along with the interim dividend of Rs 9 paid in November 2018 amounts to a total dividend of Rs 22 for the year.

Shares of HUL closed lower by 1.91 percent at Rs 1,690.65 apiece.

Read more about: hul hindustan unilever limited
Story first published: Friday, May 3, 2019, 17:11 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more