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Hindalco Industries Q4 consol PAT triples to Rs 1,928 cr on robust revenue

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In segmentwise revenue, Novelis contributed the highest followed by copper at Rs 26,578 crore and Rs 8,508 crore respectively.

Aditi Divekar Mumbai
Hindalco Industries, the country’s leading aluminium producer, reported a higher-than-expected consolidated net profit attributable to the owners of the company at Rs 1,928 crore in the March quarter. The botton line was up a staggering 189 per cent, over the corresponding figure in the year-ago period, on the back of increased revenue.

The company had reported a bottomline of Rs 669 crore in the corresponding period last year. The company’s reported bottomline for the March quarter was strong despite increased tax expenses of total Rs 1,309, almost double from last year.

The Aditya Birla Group company’s topline in the period