HLL's first quarter net jumps up by 23% - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

HLL's first quarter net jumps up by 23%

Apr 26, 2000

Hindustan Lever Ltd. (HLL) has reported an impressive 23.4% growth in its Q1' 00 net profits to Rs 2,626 million backed by good sales growth in Home and Personal Care (8%), Beverages (32%) and Branded Staples (28%). The acquisition of 74% stake in Modern Foods has given the company a strategic entry into fresh product distribution and is in line with the company's vision of developing an integrated wheat flour business. In the sluggish market condition HLL's sales witnessed a 6% volume growth and a 1% value growth. Also its export business has grown by 5% in difficult international trading conditions.

HLL's operating profits margin improved to 11% in Q1' 00 (9.8% in Q1'99) due to cost control initiatives taken by the company through its project millennium.

HLL is planning to invest Rs 1,200 million as business restructuring cost for the year ended 2001. The company has already incurred Rs 300 million towards the same which has resulted in improvement in its net profit margins to 10% in Q1'00 from 8.7% in the corresponding previous quarter.

(Rs m) 1QFY99 1QFY00 Change
Sales 24,408 26,141 7.1%
Other Income 708 900 27.2%
Expenditure 22,005 23,238 5.6%
Operating Profit (EBDIT) 2,402 2,903 20.8%
Operating Profit Margin (%) 9.8% 11.1%
Interest 68.6 34.7 -49.4%
Depreciation 278.5 335.2 20.4%
Profit before Tax 2,763 3,433 24.2%
Tax 636 807 26.8%
Profit after Tax/(Loss) 2,128 2,626 23.4%
Net profit margin (%) 8.7% 10.0%
Earnings per share* 38.77 47.73
* (annualised)

Equitymaster requests your view! Post a comment on "HLL's first quarter net jumps up by 23%". Click here!


More Views on News

HUL Announces Quarterly Results (2QFY22); Net Profit Up 10.5% (Quarterly Result Update)

Oct 20, 2021 | Updated on Oct 20, 2021

For the quarter ended September 2021, HUL has posted a net profit of Rs 22 bn (up 10.5% YoY). Sales on the other hand came in at Rs 130 bn (up 11.7% YoY). Read on for a complete analysis of HUL's quarterly results.

HUL's Marketcap Tops Rs 6 Tn. Key Factors Driving the Stock (Views On News)

Aug 21, 2021

HUL became the fifth Indian company to achieve the milestone of a Rs 6-tn market capitalisation.

HUL 2020-21 Annual Report Analysis (Annual Result Update)

Jul 26, 2021 | Updated on Jul 26, 2021

Here's an analysis of the annual report of HUL for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of HUL. Also includes updates on the valuation of HUL.

Adani Wilmar IPO to Hit the Market Soon. Should you Apply? (Views On News)

Nov 29, 2021

The parent company of the brand Fortune is set to raise Rs 45 bn from the market.

What Happens if ITC Hives off ITC Infotech? (Views On News)

Nov 20, 2021

The cigarette to hotel conglomerate is reportedly mulling the demerger of its software business at a valuation of around Rs 250 bn.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

How to Find Your Next 10-Bagger in this Market (Profit Hunter)

Nov 19, 2021

The #1 make or break factor in your portfolio you shouldn't ignore.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing. (Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Dec 1, 2021 03:09 PM