HUL's Q2FY21 Net Profit Jumps 9% YoY; Interim Dividend Of Rs. 14/Share Declared

On Tuesday fast moving consumer goods company HUL logged 9 percent year on year net profit at Rs. 2009 crore for the just ended September quarter. In the same quarter, last year the net profit came in at Rs. 1848 crore. Total sales at the company also grew 16 per cent to Rs. 11276 crore in comparison to Rs. 9708 logged during the same quarter last year.

Also the company declared an interim dividend of Rs. 14.00 per equity share of face value of Re. 1/- each for the financial year ending 31st March, 2021. The record date for the purpose of determining the entitlement of the shareholders for the interim dividend has been fixed as Thursday, 29th October, 2020, and dividend will be paid to the shareholders on or after Thursday, 12th November, 2020.

Post the results, HUL's shares ended with marginal losses in October 20 session at Rs. 2178.8 per share on the BSE.

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