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HUL Q4 Results: Profit rises 9% YoY to Rs 2,327 crore, and the company declares a Rs 19 per share dividend

Major FMCG Hindustan Unilever Ltd (HUL) on Wednesday reported profit after tax (PAT) of Rs.2,327 crore for the fourth quarter ended March 2022, up about 9% from Rs.2,143 crore in the previous quarter on an annualized basis. The company's total revenue rose more than 10% to Rs.13,462 billion in the quarter, according to a company report.

The company's operating margin remained stable at 24.6%. Net sales increased by 10% to Rs. 13,190 crores for the quarter ended March 2022. The Company's Board recommended a final dividend of Rs. 19 for FY 22. AGM With an interim dividend of Rs. 15 per share, the total dividend for the year is Rs. 34 per share," HUL said in a statement.

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Its Ebitda (earnings before interest, taxes, depreciation and amortization) was Rs 3,245 crore in March 2022, up 10% from the same quarter last year. HUL Q4 Results: Profit after tax up 9% yoy to Rs.2,327 crore, revenue up over 10%; Declared Dividend. HUL's net sales increased by 10.21% to Rs.13,468 crore in the quarter of March 2022. HUL's net sales increased by 10.21% to Rs.13,468 crore in the quarter of March 2022.

Major FMCG Hindustan Unilever Ltd (HUL) on Wednesday reported profit after tax (PAT) of Rs.2,327 crore for the fourth quarter ended March 2022, up about 9% from Rs.2,143 crore in the previous quarter on an annualized basis. The company's total revenue rose more than 10% to Rs.13,462 billion in the quarter, according to a company report. The company's operating margin remained stable at 24.6%. Net sales increased by 10% to Rs.13,190 crore for the quarter ended March 2022.

The company's board has recommended a final dividend of Rs 19 for the 22nd financial year. “The Board has proposed a final dividend of Rs 19 per share, subject to shareholder approval at the AGM. With an interim dividend of Rs 15 per share, the total dividend for the year is of Rs 34 per share,” HUL said in a statement. in the same quarter of last year.After-tax profit before exceptional items for the quarter of March 2022 increased by 9% to reach Rs 2,283 crore from Rs 2,103 crore a year ago.

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The housekeeping segment grew by 24%, driven by the strong performance of the laundry and housekeeping segment. Both categories grew rapidly at double-digit rates, with all parts of the portfolio performing well. The beauty and personal care business increased by 4%.

The company's revenue for the year ended March 31, 2022 was Rs 50,336 crore compared to sales of Rs 45,311 crore for the year ended March 31, 2021. Sanjeev Mehta, Managing Director and CEO of HUL said: a challenging environment and have protected our business model while maintaining margins within a healthy range. In this financial year, we have grown into a business with a turnover of Rs 50,000 crore. Our stable performance reflects our strategic clarity, the strength of our brand, our operational excellence and the dynamic financial management of our business."

He added that although the company is concerned about significant inflation and slowing market growth in the near term, it is confident in the medium to long term prospects for India's FMCG sector and remains focused on the creation of consistent, competitive, profitable and responsible growth. . The company said: "In the face of unprecedented inflation, we continue to conduct our business proactively by reducing all profit and loss (P&L) items and taking prudent pricing action using sales management principles. We continue to invest in our brands on a competitive basis. During the December 2021 quarter, Hindustan Unilever Ltd recorded a 17% increase in net profit to Rs 2,243 crore as it gained shares of market in both urban and rural areas with the rise of India before the conditional coronavirus lockdown.

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