Hindustan Unilever Q1 Earnings: Net revenue rose 10 per cent to Rs 2,061 crore
- On a sequential foundation, Hindustan Unilever’s standalone internet revenue declined 3.8 per cent, in comparison with Rs 2,143 crore reported at the tip of the previous January-March quarter in the monetary 12 months 2020-21 (Also Read: Hindustan Unilever Profit Jumps 41% To ₹ 2,143 Crore In March Quarter )
- The firm’s income from operations within the June quarter stood at Rs 11,915 crore, in comparison with Rs 10,560 crore within the corresponding quarter final 12 months, marking a development of 12,83 per cent year-on-year
- The firm’s home shopper development stood at 12 per cent, whereas the underlying quantity development got here in at 9 per cent within the first quarter of the present fiscal, amid the second wave of COVID-19
- The firm’s dwelling care enterprise grew at 12 per cent pushed by double-digit development in cloth wash. The family care phase delivered double-digit development on a powerful base.
- The magnificence and private care enterprise grew 13 per cent led by hair care and skincare, each delivering excessive double-digit development. Skin Cleansing marked robust momentum, and soaps grew on a excessive base.
- The meals and refreshment enterprise grew by 12 per cent within the quarter. All tea manufacturers delivered excessive double-digit development. Ketchups and soups carried out properly pushed by robust quantity development on a excessive base
- Hindustan Unilever’s EBITDA (earnings earlier than curiosity, taxes, depreciation, and amortization) stood at 24 per cent within the April-Juen quarter
- On Thursday, shares of Hindustan Unilever had been final buying and selling 2.07 per cent decrease at Rs 2,383.50 apiece on the BSE
