Hindustan Unilever Limited Reports Earnings Results for the Full Year Ended March 31, 2024
April 24, 2024 at 06:39 am EDT
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Hindustan Unilever Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported revenue was INR 627,070 million compared to INR 610,920 million a year ago. Net income was INR 102,770 million compared to INR 101,200 million a year ago.
Basic earnings per share from continuing operations was INR 43.74 compared to INR 43.07 a year ago. Diluted earnings per share from continuing operations was INR 43.74 compared to INR 43.07 a year ago.
Hindustan Unilever specializes in manufacturing and marketing of cleaning and food products. Net sales break down by family of products as follows:
- personal care products (46%): hair and skin care products, dental and deodorant products (brands Aviance, Dove, Sunsilk, Lux, Pond's, Axe, Rexona, Close Up, etc.);
- house cleaning and laundry care products (33.9%): soaps, dishwashing liquids, detergents, stain removers and cleaners (brands Active Wheel, Comfort, Cif, Sunlight, Vim, etc.);
- food products and beverages (18.8%): culinary products, sauces, oils and margarines (brands Knorr, Kissan, Annapurna, etc.), ice creams (Kwality Wall's), teas and coffees (brands 3 Roses, Red Label, Lipton, Bru, Taj Mahal);
- other (1.3%).
At the end of March 2019, the group had 28 production sites in India.
India accounts for 96% of net sales.