When it comes to the Indian FMCG space, two giants stand tall — ITC and Hindustan Unilever (HUL). With both companies set to announce their Q4 FY25 results, investor interest is high, not just for earnings but also for dividend declarations.

These stalwarts are among India’s top 10 most valuable companies by market capitalisation. As of now, HUL is valued at ₹5.56 lakh crore, while ITC follows closely at ₹5.28 lakh crore.

💸 Dividends So Far: A Quick Look

Both ITC and HUL have already rewarded shareholders this financial year:

• ITC declared an interim dividend of ₹6.5 per share, which is a 650% payout based on a face value of ₹1.

• HUL declared an impressive ₹29 per share, translating to a 2900% payout.

While HUL’s payout in absolute terms is higher, dividend yield (which compares the dividend amount to the stock price) tells a different story.

📊 Dividend Yield Comparison

• ITC’s share price: ~₹422 → Dividend yield: 1.54%

• HUL’s share price: ~₹2,362.10 → Dividend yield: 1.23%

So, even though HUL paid more per share, ITC offers a better return on investment through dividends.

📈 Q3 FY25 Earnings Snapshot

ITC

• Standalone Net Profit: ₹5,638 crore (up 1% YoY)

• Consolidated Net Profit: ₹5,013 crore (down 7%)

• Revenue: ₹20,350 crore (up from ₹18,880 crore YoY)

HUL

• Net Profit: ₹3,001 crore (up 19% YoY)

• Revenue: ₹15,818 crore (up 1.6% YoY)

• EBITDA Margin: Stable at 23.5%

Both companies showed steady performance, with HUL posting stronger profit growth.

📉 Stock Performance Check

ITC

• Last 5 days: +4%

• Last 1 month: +3.5%

• 2025 YTD: -13%

• 1-Year: -1%

HUL

• Last 5 days: +5%

• Last 1 month: +7%

• 2025 YTD: +2%

• 1-Year: +8%

While both stocks fell over the last six months, HUL has managed to stay in positive territory for the year, whereas ITC has seen more correction.

🏢 Company Profiles

ITC

Founded in 1910 as the Imperial Tobacco Company, ITC has evolved into a diversified conglomerate. Today, it operates in FMCG, hotels, paperboards, agri-business, and IT. Popular brands include Aashirvaad, Bingo, Fiama, and Sunfeast.

HUL

Hindustan Unilever, established in 1933, is a part of global consumer goods giant Unilever. It dominates sectors like personal care, home care, and foods. Trusted brands include Dove, Surf Excel, Lux, Lipton, and many more.

📅 What’s Next?

All eyes are now on the upcoming Q4 FY25 results, especially as HUL has scheduled its board meeting on April 24 to recommend the final dividend. Investors are eager to see how both companies perform and what surprises they might bring.