Hindustan Unilever’s March Quarter Profit Rises 5% To Rs 2,307 Crore -By ASC

Hindustan Unilever’s March quarterly profit rose to Rs 2,307 crore

New Delhi:

Main FMCG Hindustan Unilever Ltd (HUL) on Wednesday reported a 5.34 per cent increase in consolidated net profit at Rs 2,307 crore for the fourth quarter ended March 31, 2022.

The company had recorded a net profit of Rs 2,190 crore in the January-March period a year ago.

Revenue from sales in the quarter under review amounted to Rs 13,468 crore, up 10.21 per cent, from Rs 12,220 crore in the previous year period, HUL said in a regulatory filing.

Last financial year, HUL became a Rs 50,000 crore turnover company and also the first pure FMCG firm to achieve this success.

“During the quarter, our revenue increased 10 per cent with flat Basic Volume Growth. We continued to grow significantly ahead of the market, gaining market share value and volume,” HUL said in its earnings statement.

Its EBITDA (income before interest, tax, depreciation and amortization) margin of 24.6 per cent remained healthy despite very high inflationary pressures, it added.

Total expenditure was at Rs 10,782 crore as against Rs 9,667 crore.

For the fiscal year ended March 2022, HUL’s consolidated net profit increased 11.16 per cent to Rs 8,892 crore. It had reported a net profit of Rs 7,999 crore in the previous year.

Revenue from operations is Rs 51,472 crore in 2021-22. This is 11.24 per cent higher than Rs 46,269 crore in the previous year.

“In challenging circumstances, we have grown competitively and protected our business model by maintaining margins in a healthy range. I am also pleased that we have become a Rs 50,000 crore revenue company this fiscal,” said HUL CEO and Managing Director. Sanjiv Mehta |

“Our consistent performance reflects our strategic clarity, our brand strength, operational excellence and dynamic financial management of our business. Despite short -term concerns about significant inflation and sluggish market growth, we are confident of a moderate to long -term prospects for the Indian FMCG sector and remain focused on delivering consistent, competitive, profitable and responsible growth, ”he added.


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