HUL Share Price in Focus Ahead of Q2 FY 2025 Results and Interim Dividend

Hindustan Unilever Limited (HUL) is set to release its financial results for the quarter and half-year ending September 30, 2024, on October 23, 2024. 

Along with the financial results, the company is also expected to consider a proposal for the payment of an interim dividend for the financial year ending March 31, 2025. The record date to determine the eligibility of shareholders for the interim dividend has been set for November 6, 2024.

Ahead of the financial results, HUL share price is attracting attention. On October 23, 2024, HUL share price opened at ₹2,621.00, reflecting a slight decrease from the previous close of ₹2,681.70. However, by 11:55 AM, the share price had risen to ₹2,685.70, with an increase of 0.15%.

In its previous quarterly results for June 2024, HUL showcased strong performance with an underlying volume growth (UVG) of 4%. The underlying sales growth (USG) was reported at 2%, primarily influenced by price reductions implemented during the year, aimed at passing the benefits of lower commodity prices to consumers. The company’s EBITDA margin stood at 23.8%, which represents a year-on-year increase of 20 basis points. Furthermore, both profit after tax before exceptional items (PAT bei) and profit after tax (PAT) experienced a growth of 3% year-on-year.

About Hindustan Unilever Limited

Hindustan Unilever operates in the fast-moving consumer goods (FMCG) sector, focusing on three key segments: Home Care, Beauty & Personal Care, and Foods & Refreshments. With manufacturing facilities across India, HUL is a significant player in the Indian market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.