Hindustan Unilever Q2FY18 standalone net profit rises 16.4% yoy to Rs 1,276 crore: Beats Estimates

India Infoline Research Team | October 25, 2017 16:09 IST

EBITDA for the quarter came in 9 % higher than the estimated figure of Rs 1649 crore. And lastly, net profit for the quarter came in 5.5 % higher than the estimated figure of Rs 1210 crore.

Hindustan Unilever Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 8,309 [2.0]
EBITDA 1,797 19.8
EBITDA Margin (%) 21.6 394
Net Profit (adjusted) 1,276 16.4
***EBITDA margin change is bps
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Reco. Price

1264.2

Last updated on

18-Oct-2017

Hindustan Uniliver ltd's Q2FY18 standalone results for the quarter registered a beat on street estimates. Revenue for the quarter came in 7.4 % lower than the estimated figure of Rs. 8971 crore. EBITDA for the quarter came in 9 % higher than the estimated figure of Rs. 1649 crore. And lastly, net profit for the quarter came in 5.5 % higher than the estimated figure of Rs. 1210 crore.
 
Hindustan Uniliver ltd standalone revenue for the quarter came in at Rs. 8309 crore, registering 2% yoy decline. This was primarily driven by 10.5% yoy decline in revenues from personal care segment.

EBITDA for the quarter rose by 19.8% yoy to Rs. 1797 crore with a corresponding margin expansion of 394 bps. EBITDA margin for the quarter stood at 21.6%. This margin expansion was aided by 6% yoy decline in purchase of stock in trade.

The PAT for the quarter came in at Rs. 1276 crore, yoy increase of 16.4%.

The board has declared interim dividend of Rs.8 per equity share of Rs.1 each.


Technical View:

Hindustan Unilever Ltd is currently trading at Rs. 1,273.55, up by 2.3 points or 0.18% from its previous closing of Rs. 1,271.25 on the BSE.
The scrip opened at Rs. 1,280 and has touched a high and low of Rs. 1,282.90 and Rs. 1,266 respectively. So far 13,82,042(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.


***Note: This is a NSE Chart

 

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