Hindustan Unilever shares fell up to 4.4% despite a strong Q4, with net profit rising 21.4% YoY to Rs 2,992 crore. Revenue grew 7.6% to Rs 16,351 crore, while EBITDA rose 3.2% to Rs 3,877 crore, improving margins to 23.7%. Home Care led segmental growth, delivering its best performance in 11 quarters, driven by strong Fabric Wash demand.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a