HUL Q4 Earnings, Profit Declines by 2% to Rs 2,561 Crore; Dividend of Rs 24 Declared

HUL Q4 FY24 Results Overview

Total sales increased by 1% to Rs 15,041 crore.

EBITDA at Rs 3,535 crore, down 1% from Q4 FY23.

HUL's Q4 FY24 profit dips 2% to Rs 2,561 crore.

Dividend Announcement and Exceptional Items

HUL announces Rs 24 dividend for FY24.

Total FY24 sales rose by 2% to Rs 60,966 crore.

Exceptional items include restructuring expenses and gains on fair valuation.

Company Details

Analyst Commentary and Outlook

Analysts foresee slow volume recovery with heightened competitive intensity.

Expectations of gradual pick-up in volumes and positive realisations in 2HFY25.

Prabhudas Lilladher retains 'HOLD' rating.

Financial Highlights and Conclusion

Despite profit dip, HUL maintains robust performance.

Outlook cautiously optimistic with strategies in place for future growth.

Continued focus on growth amid challenging market dynamics.

Open Demat A/C