HUL Q2 numbers out, PAT up 20% at Rs 15.25 bn on Rs 91.38 bn sales

HULBellwether FMCG company, Hindustan Unilever Limited (HUL), posted a 20 per cent rise in net profit to Rs 15.25 billion on a turnover of Rs 91.38 billion (up 11.45 per cent) for the quarter ended September 2018.There was an improvement in the company’s Ebitda margins due to a 40 basis point reduction in ad spend during the reporting quarter.The company also posted 10 per cent volume growth during the quarter, compared with 12 per cent growth in the immediately preceding quarter and 4 per cent a year ago.The company has declared an interim dividend of 9 per cent per share.
Source: Business Standard