Hindalco - Q2FY13 Result First-Cut - Microsec

Hindalco Ind. has announced its Standalone Q2FY13 results on 6th November, 2012.

The company's standalone sales arrived at INR6114.71 crore, which was marginally down by 1.70% on YoY basis, but up by 2.53% on QoQ basis due to improved volumes in both the Aluminium and Copper business. The EBITDA for the quarter was INR515.31 crore, which was down by 23% on YoY basis, but up by 11.27% on back of better realization and higher volumes. The EBITA Margin for the quarter arrived at 8.36%, which was down by 231bps on YoY basis, but up by 68bps on QoQ basis. The company posted a net profit of INR358.88 crore, which was down by 28.58% on YoY basis. On QoQ basis, the net profit has dropped by 15.51%, due to lower other income of INR132.37 crore as compared to INR301.43 Crore in Q2FY12.

Source : Equity Bulls

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