Fast moving consumer goods (FMCG) major Hindustan Unilever Ltd. (HUL) reported for the fourth quarter consolidated net profit declined 3.35% to ₹2,475 crore from ₹2,561 crore in the year-earlier period.
Total consolidated sales grew 3% year on year (YoY) to ₹15,446 crore.
The company’s lower margin and subdued volumes led to its stock facing selling pressure in the market, closing at a loss of 4% at ₹2,325.25 on the BSE.
For the financial year 2024-2025, the company’s net profit grew 4% to ₹10,671 crore from ₹10,282 crore in the previous year. Total sales grew 2% YoY to ₹62,288 crore.
On a standalone basis, the company’s fourth-quarter net profit grew 4% YoY to ₹2,493 crore. During the quarter, the company reported an underlying sales growth (USG) of 3% and an underlying volume growth (UVG) of 2%.
The board recommended a final dividend of ₹24 per share for the financial year ended March 31, 2025. Together with the interim dividend of ₹19 per share and special dividend of ₹10 per share paid on November 21, 2024, the total dividend for the financial year amounts to ₹53 per share. The total dividend payout for the year will be ₹12,453 crore.
“While absolute volume tonnage grew in mid-single digit, it was partially offset by a negative mix. We delivered a competitive performance, further strengthening our market leadership during the year,” said MD & CEO Rohit Jawa. “Looking ahead, we anticipate demand conditions to gradually improve over the next fiscal year,” he added.
The company said it had completed the acquisition of 90.5% of shareholding of Uprising Science Private Ltd. for ₹2,706 crore.
Published – April 24, 2025 07:44 pm IST
