Hindalco Industries Q1 Results Reports Revenue ₹55,994 Crore, Net Profit ₹3,174 Crore

Hindalco Industries released its financial results for the first quarter of the fiscal year ending March 31, 2024. During this period, the company earned ₹55,994 crore from its operations. This was a slight increase compared to the previous quarter but remained consistent with the revenue seen a year ago. The company's total income, including other sources, was ₹56,356 crore.

Hindalco Industries’s total expenses for the quarter were ₹52,199 crore. Major costs included ₹32,758 crore for materials, ₹3,756 crore for employee benefits, and ₹3,624 crore for power and fuel. The company also spent ₹2,018 crore on depreciation. After covering these expenses, Hindalco's profit before tax was ₹4,136 crore.

Hindalco Industries faced tax expenses totaling ₹962 crore, which included both current and deferred taxes. After accounting for these taxes, the net profit for the quarter was ₹3,174 crore. The earnings per share (EPS) for this period were ₹14.29, reflecting an increase from the previous quarter.

Source: Here

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Hindalco Industries Q1 Results 2024-2025

This table provides a clear overview of Hindalco Industries' financial performance for the first quarter of the fiscal year.

Hindalco Industries Financial Overview 

Hindalco Industries is a large company with a market capitalization of ₹1,40,552 crore. Its current stock price is ₹625. Over the past year, the stock's highest price was ₹715, and its lowest was ₹438. The company's price-to-earnings (P/E) ratio is 13.8, which shows how much investors are willing to pay for each rupee of earnings.  

Here is a breakdown of the information you provided about the company's financial metrics:

Quarterly Results 

Hindalco Industries shows the financial performance over three quarters: September 2023, December 2023, and March 2024. In September 2023, sales were Rs. 54,169 crore, which decreased slightly to Rs. 52,808 crore in December but then increased to Rs. 55,994 crore in March. 

Here is a summary of the financial data you provided, organized in a table format:

About Hindalco Industries 

Hindalco Industries is a major company in the metals industry and is part of the Aditya Birla Group. It is known for being a leader in producing aluminium and copper. With a market value of $28 billion, Hindalco is a big name globally. In 2020, Hindalco bought Aleris Corporation through its subsidiary, Novelis Inc. This purchase made Hindalco the world's largest producer of flat-rolled aluminium products and the biggest recycler of aluminium.

Hindalco's copper business includes a modern copper smelter and a fertilizer plant. It also has a private jetty for shipping. This copper smelter is one of the largest in Asia at a single location. In India, Hindalco's aluminium operations cover everything from mining bauxite (a rock used to make aluminium) to refining alumina, mining coal, running power plants, and smelting aluminium. They also produce rolled products, extrusions, and foils. 

Hindalco operates in nine countries outside of India, making it one of the top integrated aluminium producers worldwide.