• Contact Us
  • About Us
Tech News, Magazine & Review WordPress Theme 2017
  • Bank
    • IBPS PO
    • IBPS Clerk
    • IBPS SO
    • IBPS RRB PO
    • IBPS RRB Clerk
    • SBI PO
    • SBI Clerk
    • SBI SO
    • RBI Grade-B
    • RBI Assistant
    • NABARD
  • SSC
    • SSC CGL
    • SSC CHSL
    • SSC CPO
    • SSC JE
    • SSC MTS
    • SSC STENOGRAPHER
    • SSC GD
  • Insurance
    • ESIC SSO
    • ESIC UDC
    • GIC Assistant Manager
    • LIC AAO
    • LIC ADO
    • NICL
    • OICL
  • Teaching
    • TET
    • CTET
    • KVS
    • NVS
  • Railway
    • RAILWAY ALP
    • RAILWAY GROUP-D
    • RPF EXAM
    • RPSF
    • RRB ASM
    • RRB JE
    • RRB NTPC
  • State Level
    • UTTAR PRADESH
      • UP Police Constable
      • UP Police SI
      • UPPCL
      • UPSSSC
      • LMRC
      • VDO (Gram Panchayat Adhikari)
      • LEKHPAL
    • DELHI
      • Delhi Police
      • DMRC
      • DSSSB
    • MADHYA PRADESH
      • MP Patwari
    • RAJASTHAN
      • RSMSSB
      • Rajasthan Police
    • HARAYANA
      • Harayana Police
      • HSSC Group-D
    • BIHAR
      • Bihar Police Constable
      • BSPHCL
    • PUNJAB
      • PSPCL
  • Goverment ID
    • Aadhar Card
    • PAN Card
    • Voter ID
    • Passport
    • Driving License
    • Voter ID
    • Fast Tag
    • Cast Certificate
    • Birth Certificate
  • News
    • Latest Stories
    • Trending Stories
    • Business
    • Education News
    • World
    • Tech
No Result
View All Result
  • Bank
    • IBPS PO
    • IBPS Clerk
    • IBPS SO
    • IBPS RRB PO
    • IBPS RRB Clerk
    • SBI PO
    • SBI Clerk
    • SBI SO
    • RBI Grade-B
    • RBI Assistant
    • NABARD
  • SSC
    • SSC CGL
    • SSC CHSL
    • SSC CPO
    • SSC JE
    • SSC MTS
    • SSC STENOGRAPHER
    • SSC GD
  • Insurance
    • ESIC SSO
    • ESIC UDC
    • GIC Assistant Manager
    • LIC AAO
    • LIC ADO
    • NICL
    • OICL
  • Teaching
    • TET
    • CTET
    • KVS
    • NVS
  • Railway
    • RAILWAY ALP
    • RAILWAY GROUP-D
    • RPF EXAM
    • RPSF
    • RRB ASM
    • RRB JE
    • RRB NTPC
  • State Level
    • UTTAR PRADESH
      • UP Police Constable
      • UP Police SI
      • UPPCL
      • UPSSSC
      • LMRC
      • VDO (Gram Panchayat Adhikari)
      • LEKHPAL
    • DELHI
      • Delhi Police
      • DMRC
      • DSSSB
    • MADHYA PRADESH
      • MP Patwari
    • RAJASTHAN
      • RSMSSB
      • Rajasthan Police
    • HARAYANA
      • Harayana Police
      • HSSC Group-D
    • BIHAR
      • Bihar Police Constable
      • BSPHCL
    • PUNJAB
      • PSPCL
  • Goverment ID
    • Aadhar Card
    • PAN Card
    • Voter ID
    • Passport
    • Driving License
    • Voter ID
    • Fast Tag
    • Cast Certificate
    • Birth Certificate
  • News
    • Latest Stories
    • Trending Stories
    • Business
    • Education News
    • World
    • Tech
No Result
View All Result
Naukri Server
No Result
View All Result

Hindustan Unilever Profit Declines To Rs 1,515 Crore In Q4 As COVID-19 Impacts Business

admin by admin
April 30, 2020
Home News Business
Share on FacebookShare on Twitter


Hindustan Unilever’s consolidated net profit declined 3.5 per cent to Rs 1,515 crore in quarter ended March 2020 as the company’s operations were affected by the spread of COVID-19. The FMCG giant had reported profit of Rs 1,571 crore during the same quarter last year, according to its stock exchange filing.

Hindustan Unilever’s revenue from sale of products fell nearly 10 per cent to Rs 9,055 crore from Rs 10,018 crore in March quarter of last year.

“The spread of COVID 19 impacted the business from mid-March, which culminated into scaling down of operations post the national lockdown. Domestic consumer growth declined by 9 per cent with a decline of 7 per cent in underlying volume growth,” Hindustan Unilever said in a press release.

Its earnings before interest, taxes, depreciation, and amortization (EBITDA) or operating profit margin reduced by 40 bps, HUL said.

“Demand patterns are changing, and we are likely to see an upswing in categories like health, hygiene and nutrition. In the near term, we are also likely to see some adverse impact on discretionary categories and out of home channel,” the Mumbai-based company said in a press release.

“COVID-19 is perhaps the biggest challenge for us both from the lens of sustaining lives as well as livelihoods. The human impact of the pandemic is uncertain, and we are fully committed to working with the Government and our partners to ensure that we overcome this crisis together,” Sanjiv Mehta, chairman and managing director, HUL said in a statement.

The company’s board recommended a final dividend of Rs 14 per share.

Hindustan Unilever shares closed 1.6 per cent lower at Rs 2,195ahead of earnings announcement.



Source link

Tags: Hindustan UnileverHindustan Unilever (HUL)Hindustan Unilever earningsHindustan Unilever Q4Hindustan Unilever resultsHindustan Unilever share price
admin

admin

Next Post
Realme 3, Realme 3i Getting Realme UI Update with Android 10 in India

Realme 3, Realme 3i Getting Realme UI Update with Android 10 in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

We are tougher, tweets Trump as US battles coronavirus outbreak

We are tougher, tweets Trump as US battles coronavirus outbreak

April 6, 2020
Boat Carrying Rohingyas Capsizes In Bay Of Bengal, 15 Dead

Boat Carrying Rohingyas Capsizes In Bay Of Bengal, 15 Dead

February 12, 2020

Trending.

Signal Is Down Now, Possibly Because of Millions of New Users Joining

Signal Is Down Now, Possibly Because of Millions of New Users Joining

January 15, 2021
Delhi CM Arvind Kejriwal Launches Job Portal for Recruiters, Applicants

Delhi CM Arvind Kejriwal Launches Job Portal for Recruiters, Applicants

July 27, 2020
Norway Warns of Vaccination Risks For Sick Elderly Patients After 23 Die

Norway Warns of Vaccination Risks For Sick Elderly Patients After 23 Die

January 15, 2021
Indian Union Budget 2020

Indian Union Budget 2020

February 3, 2020
Bigg Boss 13 Finale: Shehnaz Gill, Rashami Desai, Aarti Singh And Paras Chhabra Are Out Of The Show

Bigg Boss 13 Finale: Shehnaz Gill, Rashami Desai, Aarti Singh And Paras Chhabra Are Out Of The Show

February 16, 2020
Naukri Server

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Categories

No Result
View All Result
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Bank
    • IBPS PO
    • IBPS Clerk
    • IBPS SO
    • IBPS RRB PO
    • IBPS RRB Clerk
    • SBI PO
    • SBI Clerk
    • SBI SO
    • RBI Grade-B
    • RBI Assistant
    • NABARD
  • SSC
    • SSC CGL
    • SSC CHSL
    • SSC CPO
    • SSC JE
    • SSC MTS
    • SSC STENOGRAPHER
    • SSC GD
  • Insurance
    • ESIC SSO
    • ESIC UDC
    • GIC Assistant Manager
    • LIC AAO
    • LIC ADO
    • NICL
    • OICL
  • Teaching
    • TET
    • CTET
    • KVS
    • NVS
  • Railway
    • RAILWAY ALP
    • RAILWAY GROUP-D
    • RPF EXAM
    • RPSF
    • RRB ASM
    • RRB JE
    • RRB NTPC
  • State Level
    • UTTAR PRADESH
      • UP Police Constable
      • UP Police SI
      • UPPCL
      • UPSSSC
      • LMRC
      • VDO (Gram Panchayat Adhikari)
      • LEKHPAL
    • DELHI
      • Delhi Police
      • DMRC
      • DSSSB
    • MADHYA PRADESH
      • MP Patwari
    • RAJASTHAN
      • RSMSSB
      • Rajasthan Police
    • HARAYANA
      • Harayana Police
      • HSSC Group-D
    • BIHAR
      • Bihar Police Constable
      • BSPHCL
    • PUNJAB
      • PSPCL
  • Goverment ID
    • Aadhar Card
    • PAN Card
    • Voter ID
    • Passport
    • Driving License
    • Voter ID
    • Fast Tag
    • Cast Certificate
    • Birth Certificate
  • News
    • Latest Stories
    • Trending Stories
    • Business
    • Education News
    • World
    • Tech

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.