Hindalco Q4 net profit drops 51% to ₹2,597 crore
pre-market1 source ↓written by the desknot a recommendation
- in Q4 net
- 51% decline
- net profit
- ₹2,597 crore
- YoY
- ₹5,284 crore
- revenue increased
- 20.4%
- ₹78,133 crore
Hindalco Industries reported a 51% decline in Q4 net profit to ₹2,597 crore, down from ₹5,284 crore YoY, due to rising expenses from a fire at the Oswego plant. However, revenue increased 20.4% to ₹78,133 crore, driven by higher base metal prices. The company declared a final dividend of ₹5 per share.
Not investment advice. For informational purposes only.