HUL has clocked an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 3,521 crore, up 8% YoY in the June quarter. ​Meanwhile, EBITDA margins improved by 40 basis points to 23.6% in the reporting period.
EBITDA margins are likely to expand by a modest 63 basis points YoY owing to higher ad-spends, offsetting gross margins expansion of 150 bps YoY, according to analysts.