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The metal giant’s standalone net profit surged 74.6% year-on-year (YoY) to ₹1,463 crore, significantly higher than ₹838 crore reported in the same period last year. The figure also came in above CNBC-TV18’s poll estimate of ₹1,370.8 crore.
Revenue from operations grew 17.2% YoY to ₹23,776 crore, exceeding analysts’ expectations of ₹21,956 crore. The robust performance was supported by strong demand, higher realisations, and improved operational efficiencies.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 35.7% YoY to ₹2,664 crore from ₹1,963 crore, slightly ahead of the CNBC-TV18 poll estimate of ₹2,650 crore.
The EBITDA margin stood at 11.2%, reflecting an improvement from 9.7% in the year-ago period but lower than the estimated 12.1%.
Also read: Hindustan Construction Q3 earnings disappoint; E&C turnover, revenue fall
The results underscore Hindalco’s ability to capitalise on a favourable demand environment, despite some margin pressures.
The company has also announced the appointment of Bharat Goenka, currently CFO-Designate, as the Chief Financial Officer effective 1 April 2025.
Also Watch | Satish Pai, MD of Hindalco Industries discusses October-December quarter 2024 (Q3FY25) figures in an interview with CNBC-TV18.
Ahead of the earnings announcement, shares of Hindalco Industries closed at ₹602.30 on the BSE, up 0.54% from the previous session.
First Published: Feb 13, 2025 7:04 PM IST
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