HUL Q4 results: Profit declines 6% to ₹2,406 cr; revenue flat at ₹15,210 cr
The FMCG major is optimistic about the mid-term impact of better monsoons, and improving macro-economic indicators.
The FMCG major is optimistic about the mid-term impact of better monsoons, and improving macro-economic indicators.
Investors remain concerned about HUL’s muted volume growth, subdued rural performance, and increased competition in select categories.
The board of HUL also declared an interim dividend of ₹18 per share for the year ended March 31, 2024.
HUL revenue from operations surged 10.6% to ₹15,053 crore; board recommends dividend of ₹22
The HUL Board proposes a final dividend of ₹19 per share for the full financial year, which with the interim dividend of ₹15 per share, amounts to ₹34 per share.