HUL Q4 Results: Net profit dips 3.7% to Rs 2,464 crore; dividend declared

FMCG major Hindustan Unilever Ltd (HUL) reported a standalone net profit of Rs 2,493 crore for the January–March quarter, marking a 2.6 per cent year-on-year increase. This matches closely with Zee Business' estimate of Rs 2,447 crore. The stock traded 1.4 per cent higher post the announcement, at Rs 2,455 on the NSE.

Revenue from operations came in at Rs 15,213 crore, growing 2.4 per cent over the same period last year. Zee Business had pegged HUL’s Q4 revenue at around Rs 14,967 crore, making the actual figure slightly better than expected.

EBITDA growth muted; margins steady

HUL reported an EBITDA of Rs 3,466 crore, up 1 per cent year-on-year but marginally lower than Zee Business' expectation of Rs 3,505 crore. The operating margin stood at 22.8 per cent, compared to 23 per cent last year, broadly in line with projections.

Segment performance shows mixed trends

• Home care: Revenue rose to Rs 5,815 crore from Rs 5,709 crore, supported by price-led growth.

• Beauty & wellbeing: Posted a healthy 6.6 per cent growth, with revenue at Rs 3,265 crore versus Rs 3,062 crore.

• Personal care: Remained largely flat at Rs 2,126 crore, up from Rs 2,063 crore.

• Foods business: Reported revenue of Rs 3,896 crore, nearly unchanged from Rs 3,910 crore in Q4FY24.

Dividend payout rises to Rs 24/share

The board declared a final dividend of Rs 24 per share. The record date for the final dividend will be announced separately.