Home Finance HUL Q2 revenue up 22 per cent, quantity up 4 per cent...

HUL Q2 revenue up 22 per cent, quantity up 4 per cent – Enterprise Colors

FMCG main Hindustan Unilever has reported a 22.19 per cent progress in its consolidated web revenue at Rs 2,670 crore for the second quarter ended September 2022 as in opposition to Rs 2,185 crore within the July-September quarter of the earlier fiscal. . HUL stated its whole revenue grew 16.44 per cent to Rs 15,253 crore through the quarter below evaluate as in opposition to Rs 13,099 crore within the year-ago interval.

HUL declared an interim dividend of Rs.17 per fairness share of face worth of Re.1.

“The enterprise was nicely forward of the expansion market with greater than 75 per cent of the market share in profitable worth and volumes,” HUL stated in its earnings assertion. Its whole expenditure grew 18.12 per cent to Rs 11,965 crore as in comparison with Rs 10,129 crore within the second quarter of the earlier fiscal.

Sanjiv Mehta, CEO and Managing Director, stated, “Constructing on our sturdy momentum, we have now delivered one other quarter of stable all-round efficiency.

“We proceed to make glorious progress on our ‘Reimagine HUL’ agenda of launching two new digital manufacturers, reaching the milestone of 1 million Pinnacle Shops and our manufacturing web site in Dapada acknowledged as a Sustainability Lighthouse by the World Financial Made for the primary time in India to get the platform,” he stated.

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