Hindalco poised for growth with expansion, robust operational results

The ongoing capex in Novelis would establish it as the global leader in beverage cans and automotive. The management does not see further capex increase

Consolidated net sales of Hindalco Industries stood at Rs 58,200 crore, up 7 per cent year on year (Y-o-Y) and 2 per cent quarter on quarter (Q-o-Q) in the second quarter of the current financial year (Q2FY25), with better realisations and efficiencies in India.

 

Consolidated operating profit stood at Rs 7,900 crore (up 40 per cent Y-o-Y and up 5 per cent Q-o-Q). Adjusted net profit was Rs 4,300 crore (up 97 per cent Y-o-Y and 25 per cent Q-o-Q).

 

There were one-time exceptional expenses of Rs 510 crore due to flooding at the Novelis Sierre plant. In H1FY25, revenue