Latest news with #497
Hans India
4 hours ago
- Business
- Hans India
HUL's Q1 net up 6% to Rs 2,768 cr
New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a 5.97 per cent rise in its consolidated net profit to Rs2,768 crore for the June quarter of FY26, helped by gains from a re-estimation of taxes paid in the previous year. The company had logged a net profit of Rs2,612 crore in the April-June quarter a year ago, according to a regulatory filing from HUL, the maker of popular brands as Dove, Lifebuoy, Lux, Lakmé, and Sunsilk. Revenue from the sale of products of the leading FMCG firm was up 5.15 per cent at Rs16,296 crore in the June quarter, led by volume growth. This was at Rs15,497 crore in the corresponding quarter a year ago. 'HUL reported a consolidated underlying Sales Growth (USG) of 5 per cent and an Underlying Volume Growth (UVG) of 4 per cent,' the company said in its earnings statement. In the June quarter, HUL's profit before tax was lower by 6.4 per cent to Rs3,303 on a year-on-year basis. It was at Rs3,529 crore in the corresponding June quarter of FY25. While its Profit after Tax (PAT) was up nearly 6 per cent. Commenting on the results, HUL CEO and Managing Director Rohit Jawa said FMCG demand has continued to remain stable, with a gradual uptick in recency. 'Encouraged by favourable macro-economic indicators, we strategically stepped up our investments to effectively advance our portfolio transformation agenda in this quarter. As a result, we delivered competitive, broad-based growth with an Underlying Sales Growth of 5 per cent, driven by an Underlying Volume Growth of 4 per cent, at a consolidated level,' he said. Over the outlook, Jawa said he expects this 'gradual recovery to be sustained'. The company's market valuation surged by Rs19,936.28 crore to Rs5,92,531.67 crore. The stock emerged as the biggest gainer among the Sensex and Nifty firms. According to HUL, the difference 'is on account of a one-off impact of re-estimation of tax provisions with respect to the potential disallowance of certain expenses pertaining to prior years.' During the quarter, HUL's EBITDA margin stood at 22.8 per cent, down 130 basis points year-on-year, as the FMCG major continued to step up investments in its business.
The Advertiser
2 days ago
- Entertainment
- The Advertiser
Dali painting bought at clearance sale worth $A61,000
A Salvador Dali painting that was discovered at a UK house clearance sale and bought for STG150 has been valued at up to STG30,000 ($A61,497) after it was authenticated as an original. The art dealer who purchased the piece discovered it had previously been offered for sale at Sotheby's in the 1990s fully attributed to Dali. The painting is to be offered for sale by auctioneers Cheffins on October 23. Gabrielle Downie from Cheffins, said: "The loss of an attribution is quite rare in the modern art world making this a significant rediscovery for Dali scholars. "To handle a genuine rediscovery of a work by who is easily one of the most famous artists in the world, and the godfather of Surrealism, is a real honour. "It has been an exciting process researching and having this painting authenticated and it is a testament to the seller's significant art knowledge that he was able to spot this picture at a house clearance sale. "While Dali's work is often some of the most recognisable, this is an unusual piece which shows a different side to his practice when working in watercolour." The artwork, titled Vecchio Sultano, was discovered in a Cambridge-based house clearance sale in 2023. It has been certified as authentic by Dali expert Nicolas Descharnes. The image, made with watercolour paint and felt tip, measures 38cm by 29cm. It is an illustration of a scene from The Arabian Nights, a series of 500 pieces which Dali intended to create of Middle Eastern folktales, which was commissioned by wealthy Italian couple Giuseppe and Mara Albaretto. "The Albarettos who commissioned this work had initially asked Dali to illustrate a bible in 1963, but upon Dali's insistence, he instead ended up illustrating scenes from 1001 Nights - a collection of Middle Eastern folktales," Downie said. "It seems Dali was fascinated with Moorish culture and believed himself to be from a Moorish line. "It seems that this project was abandoned, with Dali only having completed 100 of the intended 500 works. "Of these 100, half remained with the publishing house Rizzoli and were either damaged or lost; the other 50 stayed with the Albarettos and were later inherited by their daughter, Christina, who was also Dali's goddaughter." A Salvador Dali painting that was discovered at a UK house clearance sale and bought for STG150 has been valued at up to STG30,000 ($A61,497) after it was authenticated as an original. The art dealer who purchased the piece discovered it had previously been offered for sale at Sotheby's in the 1990s fully attributed to Dali. The painting is to be offered for sale by auctioneers Cheffins on October 23. Gabrielle Downie from Cheffins, said: "The loss of an attribution is quite rare in the modern art world making this a significant rediscovery for Dali scholars. "To handle a genuine rediscovery of a work by who is easily one of the most famous artists in the world, and the godfather of Surrealism, is a real honour. "It has been an exciting process researching and having this painting authenticated and it is a testament to the seller's significant art knowledge that he was able to spot this picture at a house clearance sale. "While Dali's work is often some of the most recognisable, this is an unusual piece which shows a different side to his practice when working in watercolour." The artwork, titled Vecchio Sultano, was discovered in a Cambridge-based house clearance sale in 2023. It has been certified as authentic by Dali expert Nicolas Descharnes. The image, made with watercolour paint and felt tip, measures 38cm by 29cm. It is an illustration of a scene from The Arabian Nights, a series of 500 pieces which Dali intended to create of Middle Eastern folktales, which was commissioned by wealthy Italian couple Giuseppe and Mara Albaretto. "The Albarettos who commissioned this work had initially asked Dali to illustrate a bible in 1963, but upon Dali's insistence, he instead ended up illustrating scenes from 1001 Nights - a collection of Middle Eastern folktales," Downie said. "It seems Dali was fascinated with Moorish culture and believed himself to be from a Moorish line. "It seems that this project was abandoned, with Dali only having completed 100 of the intended 500 works. "Of these 100, half remained with the publishing house Rizzoli and were either damaged or lost; the other 50 stayed with the Albarettos and were later inherited by their daughter, Christina, who was also Dali's goddaughter." A Salvador Dali painting that was discovered at a UK house clearance sale and bought for STG150 has been valued at up to STG30,000 ($A61,497) after it was authenticated as an original. The art dealer who purchased the piece discovered it had previously been offered for sale at Sotheby's in the 1990s fully attributed to Dali. The painting is to be offered for sale by auctioneers Cheffins on October 23. Gabrielle Downie from Cheffins, said: "The loss of an attribution is quite rare in the modern art world making this a significant rediscovery for Dali scholars. "To handle a genuine rediscovery of a work by who is easily one of the most famous artists in the world, and the godfather of Surrealism, is a real honour. "It has been an exciting process researching and having this painting authenticated and it is a testament to the seller's significant art knowledge that he was able to spot this picture at a house clearance sale. "While Dali's work is often some of the most recognisable, this is an unusual piece which shows a different side to his practice when working in watercolour." The artwork, titled Vecchio Sultano, was discovered in a Cambridge-based house clearance sale in 2023. It has been certified as authentic by Dali expert Nicolas Descharnes. The image, made with watercolour paint and felt tip, measures 38cm by 29cm. It is an illustration of a scene from The Arabian Nights, a series of 500 pieces which Dali intended to create of Middle Eastern folktales, which was commissioned by wealthy Italian couple Giuseppe and Mara Albaretto. "The Albarettos who commissioned this work had initially asked Dali to illustrate a bible in 1963, but upon Dali's insistence, he instead ended up illustrating scenes from 1001 Nights - a collection of Middle Eastern folktales," Downie said. "It seems Dali was fascinated with Moorish culture and believed himself to be from a Moorish line. "It seems that this project was abandoned, with Dali only having completed 100 of the intended 500 works. "Of these 100, half remained with the publishing house Rizzoli and were either damaged or lost; the other 50 stayed with the Albarettos and were later inherited by their daughter, Christina, who was also Dali's goddaughter."
The Sun
30-06-2025
- The Sun
Sarawak GOF seizes RM5.5 million in illegal logging, liquor, diesel, drugs
KUCHING: The Sarawak General Operations Force (GOF) confiscated goods worth RM5,497,813 in four separate operations targeting illegal logging, liquor, diesel, and drugs between June 23 and 28. The operations, named Op Taring Alpha, Op Taring Bravo, Op Taring Awas, and Op Libas, were conducted in Kuching, Sibu, Miri, and Lundu. SAC Dr Che Ghazali Che Awang, GOF Commander, confirmed the seizures in a statement today. The largest haul came from Op Libas in Sibu on June 24, where authorities raided an illegal logging site, arresting three men aged 39 to 57. A total of 350 logs and a wood-cutting machine were seized, with an estimated value of RM3.504 million. In Op Taring Alpha on June 23, GOF investigators raided a premises in Kuching, seizing 32,736 litres of untaxed liquor and arresting five men aged 26 to 36. A lorry was also confiscated, bringing the total seizure value to RM1,457,648. Meanwhile, Op Taring Bravo in Miri on June 25 led to the arrest of two men aged 32 and 45, along with the seizure of 39,300 litres of diesel stored without a permit. A storage tank and a lorry were also taken, with the total seizure valued at RM486,065. The final operation, Op Taring Awas in Lundu on June 28, saw three men aged 23 to 36 arrested after GOF officers found 0.32 grams of suspected methamphetamine in their vehicle. The total seizure, including the car, was worth RM50,100. From January 1 to June 30, Sarawak GOF recorded total seizures worth RM290.3 million, involving 236 cases and 355 arrests. Among those detained were 264 locals and 91 foreigners, with 193 vehicles impounded.
The Star
30-06-2025
- The Star
Over RM5mil in seizures by Sarawak GOF's crackdown on illegal activities
KUCHING: The Sarawak General Operations Force (GOF) recorded seizures worth RM5,497,813 from four operations carried out last week, involving illegal logging, liquor, diesel and drugs. Its commander, Senior Asst Comm Dr Che Ghazali Che Awang, said that the four successful operations - Op Taring Alpha, Op Taring Bravo, Op Taring Awas, and Op Libas - were carried out between June 23 and 28 in Kuching, Sibu, Miri, and Lundu. He said the biggest haul was recorded by the 10th Battalion of the Sibu GOF, during Op Libas on June 24, where an illegal logging site was raided, resulting in the arrest of three men, aged 39 to 57, and the seizure of 350 logs. "Also seized was a wood-cutting machine, bringing the estimated total value of the seized items to RM3.504mil, based on market price,' he said in a statement on Monday (June 30). Under Op Taring Alpha on June 23, the GOF Investigation Branch raided premises here and seized 32,736 litres of various brands of liquor without customs duty approval, in addition to arresting five local men, aged between 26 and 36. "Also seized was a lorry, and the estimated total value of the seizure was RM1,457,648, according to market price. Through Op Taring Bravo, in Miri on June 25, a team from the GOF Miri raided premises in the district, arresting two local men, aged 32 and 45, and seizing 39,300 litres of diesel stored without a permit. A diesel storage tank and a lorry were also seized during the operation, bringing the total value of the seizure to RM486,065. Under Op Taring Awas on June 28, a team from the 11th Battalion of the Kuching GOF arrested three local men, aged between 23 and 36, in a vehicle in Lundu, and seized a transparent packet containing a substance believed to be methamphetamine, weighing 0.32g. The total value of the seizure, including the vehicle, was RM50,100. He said that, from Jan 1 to June 30, Sarawak GOF recorded total seizures amounting to RM290.3mil, involving 236 cases and 355 arrests. A total of 264 locals and 91 foreigners were arrested, with 193 vehicles of various types impounded.- Bernama
New Straits Times
30-06-2025
- New Straits Times
Over RM5 million seized in Sarawak GOF's crackdown on illegal activities
KUCHING: The Sarawak General Operations Force (GOF) recorded seizures worth RM5,497,813 from four operations carried out last week, involving illegal logging, liquor, diesel and drugs. Its Commander, SAC Dr Che Ghazali Che Awang, said that the four successful operations - Op Taring Alpha, Op Taring Bravo, Op Taring Awas, and Op Libas - were carried out between June 23 and 28 in Kuching, Sibu, Miri, and Lundu. He said the biggest haul was recorded by the 10th Battalion of the Sibu GOF, during Op Libas on June 24, where an illegal logging site was raided, resulting in the arrest of three men, aged 39 to 57, and the seizure of 350 logs. "Also seized was a wood-cutting machine, bringing the estimated total value of the seized items to RM3.504 million, based on market price," he said in a statement today (June 30). Under Op Taring Alpha on June 23, the GOF Investigation Branch raided premises here and seized 32,736 litres of various brands of liquor without customs duty approval, in addition to arresting five local men, aged between 26 and 36. "Also seized was a lorry, and the estimated total value of the seizure was RM1,457,648, according to market price. Through Op Taring Bravo, in Miri on June 25, a team from the GOF Miri raided premises in the district, arresting two local men, aged 32 and 45, and seizing 39,300 litres of diesel stored without a permit. A diesel storage tank and a lorry were also seized during the operation, bringing the total value of the seizure to RM486,065. Under Op Taring Awas on June 28, a team from the 11th Battalion of the Kuching GOF arrested three local men, aged between 23 and 36, in a vehicle in Lundu, and seized a transparent packet containing a substance believed to be methamphetamine, weighing 0.32g (grammes). The total value of the seizure, including the vehicle, was RM50,100. He said that, from Jan 1 to June 30, Sarawak GOF recorded total seizures amounting to RM290.3 million, involving 236 cases and 355 arrests.
