HUL records a consolidated net profit of Rs 1,897 crore for Q1FY21

Hindustan Unilever Limited (HUL), an Indian subsidiary of Unilever PLC, a British-Dutch multinational company (MNC) announced its first quarter results on July 21, 2020. The fast moving consumer goods (FMCG) company posted a consolidated net profit of Rs 1,897 crore for Q1FY21, which increased by 5.68 per cent, as compared to Q1FY20 when it reported Rs 1,795 crore.                                                                                                                                                              

The consolidated net sales reported in Q1FY21 came in at Rs 10,731 crore, which increased by 3.54 per cent YoY from Rs 10,364 crore in Q1FY20. At EBITDA level, the company stood at Rs 2,695 crore in Q1FY21 that decreased by 1.06 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 2,724 crore.                                                                                                                                                 

EBITDA margin as of Q1FY21 was at 25.11 per cent that declined by 1.17 per cent YoY. The net profit margin in Q1FY21 came in at 17.68 per cent, which increased by 36 bps YoY. The net profit margin in Q1FY20 was at 17.32 per cent.

At around 12:06 pm, on Wednesday, the company is trading at Rs 2,266.2 with a decline of 2.28 per cent on BSE.