Hindustan Unilever profit drops 6% to ₹2,406 crore in Q4

FMCG giant Hindustan Unilever's (HUL) net profit fell around 5.72% from ₹2,552 crore to ₹2,406 crore year-over-year in the quarter ended March. Its revenue rose from ₹15,053 crore to ₹15,077 crore. For the entire financial year ending March (FY24), its profit stood at ₹10,114 crore, marking a 1.5% increase from ₹9,962 crore profit recorded in FY23.