Hindustan Unilever Limited - 4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On HUL -4QFY21 Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, HUL reported revenue of ~Rs 12,542 cr (up ~35% YoY) on back of strong volume growth (~16% yoy) and balance from improvement in average realisation. During the quarter, the company has reported strong growth across the product portfolio. On the EBITDA front, the company has reported Rs3,043cr and EBITDA margin at 24.5% (up by 168bps yoy due to lower cost). On the bottom-line front, PAT grew by ~45% to Rs 2,190cr. Overall results were in-line with our expectation and we are positive on stock.
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