On a consolidated basis, the company posted net profit of Rs 1,814 crore, up 22.7 per cent YoY. CLICK HERE FOR THE CONSOLIDATED NUMBERS
Revenue for the quarter came in at Rs 9,852 crore, up 6.7 per cent YoY while EBITDA came in at Rs 2,443 crore, up 21 per cent YoY. EBITDA margin jumped 290 bps YoY to 24.8 per cent YoY from 21.9 per cent in the corresponding quarter of the previous fiscal. The company's Domestic consumer growth stood at 7 per cent while volume growth for the period was 5 per cent.
The company also declared an interim dividend of Rs 11 per share for the year ending March 21, 2020.
"HUL remains well positioned to unlock the structural FMCG India opportunity while navigating the short-term challenges. We continue to progress our ‘purpose-led and future-fit’ agenda which is underpinned by our sustainability initiatives and ‘Re-imagining HUL’ driven by leveraging data and technology in all aspects of our operations," the statement added.
That apart, HUL also announced the appointment of Willem Uijen as Executive Director, Supply Chain and a member of the HUL Board with effect from January 1, 2020.
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