Hindustan Unilever Limited (HUL) reported a 3.7% year-on-year decline in its Q4 net profit, totaling ₹2,464 crore. Despite the dip, the company announced a final dividend of ₹24 per share. The decrease is attributed to rising expenses, which grew by 3.12% to ₹12,478 crore during the quarter. Business News Today Business Today
Why this matters: Hindustan Unilever Limited (HUL)’s performance is a key indicator of consumer demand and economic health in the FMCG sector.
Source: Business Today
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