HUL Q4 Results: Net profit falls to Rs 2,406 crore, declares final dividend of Rs 24 per share

The FMCG major has announced a final dividend of Rs 24 per share for FY24 on equity shares with a face value of Re 1. This final dividend comes after an interim dividend of Rs 18 per share paid on November 16, 2023.

Hindustan Unilever Ltd (HUL) posted a 6% decline in standalone net profit for the fourth quarter of FY24, reporting Rs 2,406 crore compared to Rs 2,552 crore in the year-ago period. Despite this, the company’s sales experienced a marginal increase, reaching Rs 14,693 crore during the same quarter. Notably, the beauty and personal care segment saw a 2.7% decline in revenue.

The FMCG major has announced a final dividend of Rs 24 per share for FY24 on equity shares with a face value of Re 1. This final dividend comes after an interim dividend of Rs 18 per share paid on November 16, 2023. The total dividend for FY24 now stands at Rs 42 per equity share, maintaining the company’s commitment to rewarding shareholders.