Hindustan Unilever Q2 Review - Cautiously Optimistic; Margin To Remain Under Pressure: KRChoksey
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Hindustan Unilever Ltd. reported revenue growth of 11.7% year-on-year (+7% quarter-on-quarter) at INR 130,460 million driven by double digit growth in Home Care and Beauty & Personal care segment.
Gross Margins declined by 140 basis points year-on-year impacting from higher input cost.
Ebitda stood at INR 32,260 million (+10.3% year-on-year), with Ebitda Margin at 24.7% (-30 basis points year-on-year), the contraction in margin was mainly due to higher input cost which was partially offset by cost saving measures and operational efficiency.
PAT for the quarter was at INR 21,850 million (+10.7% year-on-year), with NPM at 16.7% (-20 basis points year-on-year).
The company has declared an interim dividend of INR 15 per share for FY22.
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