For the entire year 2020-21, HUL reported an 18.38 percent increase in turnover at Rs 45,311 crore.
Arihant Capital has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects HUL to report net profit at Rs. 2,179 crore up 15.9% year-on-year (up 1.7% quarter-on-quarter).
Net Sales are expected to increase by 13.8 percent Y-o-Y (down 0.9 percent Q-o-Q) to Rs. 12,020 crore, according to Arihant Capital.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.3 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 2,969 crore.
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