HUL Q2 Results: HUL Q2 net profit rises 4% to ₹2,717 crore. HUL s Q2 revenue from operations up 3.6% to ₹15,276 crore. HUL declares interim dividend of ₹18 per equity share.
The company had posted a consolidated net profit of Rs 2,670 crore in the same quarter last fiscal, Hindustan Unilever Ltd (HUL) said in a regulatory filing.
HUL Q2 Preview: Revenue for the June-September period is likely to grow at 4%, while profit growth for the same period is seen at 6%, according to an average estimate of three brokerages. Due to the late festive season this year, analysts expect the pipeline for festive demand (Diwali) to shift to October, hence more evident in the third quarter.
HDFC Institutional Research expects HUL to report a 9.9 per cent year-on-year (YoY) rise in profit at Rs 2,400 crore. It sees a 13.9 per cent YoY rise in net sales at Rs 14,490 crore.