Hindustan Unilever Ltd (HUL) reported a 3.9 per cent year-on-year (Y-o-Y) increase in consolidated net profit attributable to owners of the parent for the September quarter of FY27, with earnings reaching Rs 2,790 crore compared with Rs 2,685 crore in the same period last year. The company’s financial performance was supported by higher turnover and strong underlying sales growth across key business segments. HUL recorded underlying sales growth of 15 per cent, its strongest performance in 14 quarters, while underlying volume growth stood at 7 per cent.
\n\nHowever, rising expenses and pressure on profitability remained key factors during the quarter, with the company’s EBITDA margin declining compared with the year-ago period.
\n\nHUL’s turnover increased 14.8 per cent to Rs 18,071 crore in the September quarter, compared with Rs 15,742 crore a year earlier. Revenue from operations, including other operating revenue, climbed 14.5 per cent to Rs 18,226 crore.
\n\nProfit after tax before exceptional items grew 9.5 per cent to Rs 2,795 crore from Rs 2,553 crore in the corresponding quarter of the previous financial year.
\n\nThe reported increase in net profit was partly influenced by a Rs 97 crore loss from discontinued operations in the year-ago quarter. Profit from continuing…
Original source: https://www.timesnownews.com/business-economy
