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Hindalco - Q1FY2014 Result Preview - Angel Broking
Posted On : 2013-08-13 05:19:02( TIMEZONE : IST )
Hindalco is slated to report its 1QFY2014 results today. We expect standalone net sales to increase by 14.2% yoy to Rs. 6,810cr. EBITDA margin is also expected to expand by 50bp yoy to 8.3% on account of better profitability from copper segment. However, Net profit is expected to decrease by 22.7% yoy to Rs. 328cr. We maintain our Neutral view on the stock.
