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.

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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.

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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.

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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.