Hindalco Q1 Results: Cons PAT jumps 25% YoY to Rs 3,074 crore, revenue rises 8%
Hindalco Industries on Tuesday reported a consolidated net profit of Rs 3,074 crore for the quarter ended June 30, 2024, a 25% jump from Rs 2,454 crore reported by the company in the year ago period.
The revenue from operations for the reporting quarter stood at Rs 57,013 crore, which was up by 7.6% from Rs 52,991 crore reported in the corresponding quarter of the previous financial year.
The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) for the reported quarter stood at Rs 7,992 crore, which was up by 31% versus Rs 6,109 crore reported by the company in the year ago period.
Consolidated profit after tax (PAT) of Hindalco (India) Businesses stood at Rs 1,957 crore in the April-June quarter, which was up by 102% on a YoY basis.
Q1FY25 India business revenue stood at Rs 22,750 crore, which was up by 12% over Rs 20,230 crore reported by the Aditya Birla Group company in Q1FY24.
India business EBITDA jumped 55% to Rs 3,840 crore as against Rs 2,470 crore reported by the company in the year ago period.
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