Top Story

e4m_logo.png

Home >> Marketing >> Article

HUL Q2FY17 profit soars 11.5% to Rs 1,095 crore

27-October-2016
Font Size   16
Share
HUL Q2FY17 profit soars 11.5% to Rs 1,095 crore

Hindustan Unilever has released its Q2FY17 results. During the quarter, HUL’s profit grew by 11.5 percent year-on-year to Rs 1,095.60 crore while revenue during the quarter grew by 1.6 percent to Rs 8,480.3 crore compared with Rs 8,348.60 crore in corresponding period last year.

During Q2FY17, domestic consumer business grew at 2 per cent, while the company’s volume growth stood at 1 per cent during the quarter against 4 per cent growth in Q1FY17 and 7 percent in Q2 FY16. EBITDA increased 5 percent year-on-year to Rs 1,404.62 crore during the quarter.

Personal care segment  registered a 0.33 percent degrowth year-on-year at Rs 4,028 crore, impacted by slowing markets and personal wash volumes, while the home care business grew by 3.2 percent to Rs 2,777 crore during Q2FY17.

The FMCG major reported net profit of Rs 982.17 crore in the corresponding quarter of last financial year, the company said in a statement. 
 

NP Singh, CEO of Sony Pictures Networks India, talks of SPN’s growth drivers, pay wall for content, sharing IP and more…

The future of the industry will be 1:1 advertising as traditional channels, like television, become more addressable: Bryan Kennedy, Epsilon

The Founder of Pocket Aces shared his insights on how the consumption of content has evolved and how digital media is growing as the preferred medium of entertainment.

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

A look at the South Indian movies which boosted the viewership of certain channels in week 45 (November 4-10)

The Indian advertising industry currently stands at Rs. 56,398 crore, predicted to grow at a rate of 14 per cent by 2017

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve