Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Oct 22, 2021

Hindustan Unilever Q2 Review - Cautiously Optimistic; Margin To Remain Under Pressure: KRChoksey

Hindustan Unilever Q2 Review - Cautiously Optimistic; Margin To Remain Under Pressure: KRChoksey
Bottles of Hindustan Unilever Ltd. Surf Excel Matic Liquid detergent. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Report

Hindustan Unilever Ltd. reported revenue growth of 11.7% year-on-year (+7% quarter-on-quarter) at INR 130,460 million driven by double digit growth in Home Care and Beauty & Personal care segment.

Gross Margins declined by 140 basis points year-on-year impacting from higher input cost.

Ebitda stood at INR 32,260 million (+10.3% year-on-year), with Ebitda Margin at 24.7% (-30 basis points year-on-year), the contraction in margin was mainly due to higher input cost which was partially offset by cost saving measures and operational efficiency.

PAT for the quarter was at INR 21,850 million (+10.7% year-on-year), with NPM at 16.7% (-20 basis points year-on-year).

The company has declared an interim dividend of INR 15 per share for FY22.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search