HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend

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

Hindustan Unilever (HUL) on Monday posted net profit of Rs 1,848 crore, up 21 per cent year-on-year (YoY) for the second quarter of the financial year 2019-20 (FY20). The company had posted profit of Rs 1,525 crore in the year-ago period. 

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

"We expect HUL's revenue to grow 7 per cent year-on-year (YOY) to Rs 9,880 crore, with underlying domestic volume growth of 6 per cent in 2QFY20. Base quarter volumes were up 10 per