FMCG main Hindustan Unilever Ltd (HUL) on Wednesday posted an 8.59 per cent rise in web revenue at Rs 2,327 crore for the quarter ended March 2022 as towards Rs 2,143 crore a 12 months in the past regardless of “challenging circumstances” posed by excessive inflation. On a sequential foundation, web revenue rose 3.7 per cent in comparison with Rs 2,243 within the December 2021 quarter.
Standalone This autumn complete revenue rose to Rs 13,584 crore, an increase of 11 per cent from Rs 12,241 crore reported within the earlier corresponding quarter. “EBITDA margin at 24.6 per cent remained healthy. In the context of unprecedented inflation, we continue to manage our business dynamically, driving savings harder across all lines of P&L and taking calibrated pricing actions using the principles of net revenue management. We continue to invest competitively behind our brands,” HUL mentioned.
‘In difficult circumstances, we’ve got grown competitively and guarded our enterprise mannequin by sustaining margins in a wholesome vary. I’m additionally happy that we’ve got change into a Rs 50,000 crore turnover firm on this fiscal,” CEO & MD Sanjiv Mehta mentioned.
