Hindalco is slated to report its 4QFY2013 results today. We expect standalone net sales to decline by 8.0% yoy to Rs. 6,959cr. However, EBITDA margin is expected to expand by 25bp yoy to 11.7% on account of better profitability from copper segment. Net profit is expected to decrease by 17.5% yoy to Rs. 528cr.
We maintain our Neutral view on the stock.
