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Hindustan Unilever (HUL) reported a 12.74 per cent year-on-year (YoY) rise in consolidated net profit at ₹2,601 crore for Q4FY23 against a profit of ₹2,307 crore in the same quarter last year. The board of directors recommended a final dividend of ₹22 per share for FY23.
Hindustan Unilever (HUL), a leading fast-moving consumer goods (FMCG) player in India, is expected to announce a 14% YoY hike in Q4 revenue growth to Rs 15,347 crore driven by price hikes. The company is also expected to report a 12.33% YoY increase to Rs 2,614 crore in net profit in the final quarter of the financial year 2021-22 (FY22), EBITDA margins are expected to remain flat at 24% for Q4., Companies News, Times Now
In January, the company that sells home and personal care products under brands such as Ariel, Tide, Whisper, Olay, Gillette, AmbiPur, Pampers, Head & Shoulders, etc, entered the sleep aid category under the Vicks ZzzQuil Natura brand—a melatonin-based sleep supplement.