Hindustan Unilever, the country's leading fast-moving consumer goods maker, Slips Nearly 1% Post Q2 Results

On Thursday, Hindustan Unilever shares had been buying and selling decrease by 0.8 per cent on the BSE

Hindustan Unilever shares have slipped practically a per cent a day after the September quarter outcomes. Hindustan Unilever, the country's leading fast-moving consumer goods maker, reported a internet revenue of Rs 2,187 crore in the September quarter as in opposition to Rs 2,009 crore throughout the similar quarter final 12 months, registering a development of 8.86 per cent. The firm's complete revenue throughout the quarter stood at Rs 12,837 crore in comparison with Rs 11,693 crore in the year-ago interval.

On a sequential foundation, Hindustan Unilever's standalone internet revenue rose 6.11 per cent in comparison with Rs 2,061 crore reported in the previous April-June quarter.

The firm's income from operations in the September quarter stood at Rs 12,516 crore, in comparison with Rs 11,276 crore in the corresponding quarter final 12 months, a development of 10.99 per cent year-on-year.

Meanwhile, the firm's board declared an interim dividend of Rs 15 per share of the face worth of Rs 1 every for the monetary 12 months ended March 31, 2023.

On Thursday, Hindustan Unilever shares had been buying and selling decrease by 0.8 per cent at Rs 2,523 on the BSE in a completely flat market. On Wednesday, the shares of Hindustan Unilever had settled decrease by 4.06 per cent, leading to cumulative losses of a tad beneath 5 per cent in two buying and selling periods.