Today : Apr 28, 2025
Business
24 April 2025

HUL Declares Rs 24 Final Dividend Following Strong Q4 Results

The company reports a turnover increase and share price gains despite market fluctuations.

Hindustan Unilever Limited (HUL) has made headlines today by recommending a final dividend of Rs. 24 per share for the financial year 2024-25. This announcement came alongside the release of their fourth-quarter results on Thursday, April 24, 2025. In the wake of this news, HUL's share price saw a notable increase, gaining up to 2.5% in morning trades.

The company's Board Meeting, which reviewed the Audited Standalone and Consolidated Financial Results for the quarter and financial year ending March 31, 2025, led to the recommendation of this final dividend. The total dividend for the year now stands at Rs. 53 per Equity Share of face value of Re. 1 each, following an earlier interim dividend of Rs. 19 per share and a special dividend of Rs. 10 per share paid on November 21, 2024.

On the Bombay Stock Exchange (BSE), HUL's share price opened at ₹2422.15, reflecting a flat start compared to the previous day's closing price. However, following the announcement of the Q4 results and the final dividend, the share price climbed to intraday highs of ₹2486.50, marking a gain of approximately 2.6%, despite the broader market showing signs of weakness with the Sensex trading around 0.2% lower.

Interestingly, HUL's share price had experienced a downturn earlier in March 2025, hitting a 52-week low of ₹2136 due to significant market corrections. Since then, the stock has rebounded impressively, trading around 15% higher than those lows.

In terms of financial performance, HUL reported a turnover of ₹60,680 crores for the financial year ending March 31, 2025, which is an increase from ₹59,579 crores in the previous year. The company also reported a profit before tax of ₹14,300 crores, up from ₹13,675 crores in the prior year. After accounting for various expenses and taxes, the profit after tax rose to ₹10,644 crores, compared to ₹10,114 crores the previous year.

Moreover, the depreciation and amortization expenses for the year amounted to ₹1,224 crores, an increase from ₹1,097 crores in the preceding year. HUL saw exceptional items resulting in a gain of ₹422 crores, contrasting with a loss of ₹89 crores in the prior year. The provision for taxation, including deferred tax, was slightly higher this year at ₹3,656 crores, compared to ₹3,561 crores last year.

HUL's market capitalization now stands at ₹5.62 lakh crore, firmly placing it among the top companies in the SENSEX. Despite the fluctuations in share prices and the broader market dynamics, HUL has shown resilience and growth in its financials.

Investors and market analysts are keenly observing HUL's performance, especially in light of its strong dividend history and robust financial results. The company's ability to rebound from previous lows and maintain a solid financial footing is a positive sign for stakeholders.

As always, potential investors are advised to conduct thorough research and consult with certified experts before making any investment decisions, as the market can be unpredictable.

In summary, Hindustan Unilever Limited's announcement of a final dividend of Rs. 24 per share, alongside positive financial results, has generated significant interest in the stock market. With a strong turnover and profit growth, HUL continues to be a key player in the Indian market.