The FMCG heavyweight, HUL reported Q3 numbers on January 19, 2023. 

HUL reported a Net profit of Rs.2,505 crores rose 12% YoY and reported the Revenue of 1,5228 crores up 16% YoY, which was slightly higher than the poll estimates.

HUL reported Revenue from operations of Rs.15,228 crores rose 16% YoY. It was Rs.13,092 crores in Q3 last year. 

The FMCG heavyweight reported total Sales of Rs.14,986 crores rose 16% YoY. It was Rs.12,900 crores in Q3 last year. 

The largest FMCG company in India reported a Net profit of Rs.2,505 crores rose 12% YoY, which was slightly higher than the street estimates. It was Rs.2243 crores in Q3 last year. 

HUL reported EBITDA of Rs.3,537 crores up 8% YoY. It was Rs.3,279 crores in Q3 last year. 

HUL reported EBITDA margin of 23.6% down by 180bps YoY. It was 21.8% in Q3 last year. 

Management is excited about their foray into the fast-evolving 'Health and Wellbeing" category through strategic partnerships with OZiva and Wellbeing Nutrition.

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