HUL Q4 Results: Check net profit, revenue, EBITDA margin and other earning details of FMCG major Hindustan Unilever
During the quarter, the company’s turnover grew 10 per cent with flat Underlying Volume Growth, HUL said in a regulatory filing.
HUL Q4 Results: Fast-moving consumer goods (FMCG) major Hindustan Unilever Limited (HUL) reported better-than-expected fourth-quarter earnings for the financial year 2021-22 (Q4FY22). Wherein both the top and bottom line outperformed the D-Street’s estimate, with flat ‘underlying volume growth’.
HUL’s net profit jumped 9 per cent year-on-year to Rs 2327 crore in Q4FY22 as compared to Rs 2143 crore in the same quarter a year ago, as per the company’s filing to exchanges.
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While the company’s revenue from operations grew 11 per cent YoY to Rs 13,468 crore versus Rs 12,132 crore in the corresponding quarter a year ago, HUL said in a regulatory filing.
“During the quarter, the company’s turnover grew 10 per cent with flat Underlying Volume Growth. We continued to grow significantly ahead of the market, gaining value and volume market shares. EBITDA margin at 24.6 per cent remained healthy despite high inflationary headwinds,” HUL said.
Segment-wise, HUL said, “Home Care growth at 24% was broad based with a strong performance in Fabric Wash and Household Care. Beauty & Personal Care grew competitively at 4%. While Foods & Refreshment grew 5% on a very high prior year comparator, driven by solid performance in Beverages, Foods, and Ice-cream.”
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, HUL said adding that it continues to invest competitively behind our brands.
Sanjiv Mehta, CEO and Managing Director said in a comment, “In challenging circumstances, we have grown competitively and protected our business model by maintaining margins in a healthy range. I am also pleased that we have become a Rs. 50,000 crore turnover company in this fiscal.”
While there are near term concerns around significant inflation and slowing market growth, we are confident of the medium to long term prospects of the Indian FMCG sector and remain focused on delivering a Consistent, Competitive, Profitable and Responsible growth, Mehta added.
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