Hindalco Industries Ltd Q4 FY20 consolidated PAT lower at Rs. 669 crore

HINDALCO INDUSTRIES LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.29624 crores during the period ended March 31, 2020 as compared to Rs.29494 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.669 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.1061 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.3.01 for the period ended March 31, 2020 as compared to Rs.4.77 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 29624 crs	₹ 29494 crs	0.44%
Net Profit	₹ 669 crs	₹ 1061 crs	-36.95%
EPS	₹ 3.01	₹ 4.77	-36.9%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.29624 crores during the period ended March 31, 2020 as compared to Rs.34255 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.669 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.1178 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.3.01 for the period ended March 31, 2020 as compared to Rs.5.29 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 29624 crs	₹ 34255 crs	-13.52%
Net Profit	₹ 669 crs	₹ 1178 crs	-43.21%
EPS	₹ 3.01	₹ 5.29	-43.1%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.119330 crores during the 12 months period ended March 31, 2020 as compared to Rs.131669 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.3767 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.5496 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.16.93 for the 12 months period ended March 31, 2020 as compared to Rs.24.66 for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 119330 crs	₹ 131669 crs	-9.37%
Net Profit	₹ 3767 crs	₹ 5496 crs	-31.46%
EPS	₹ 16.93	₹24.66	-31.35%

Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries Ltd., said, "We attribute our strong fourth quarter results to our sustained focus on cost control and better efficiencies, as well as, our proactive and precautionary measures during the pandemic. Our EBITDA margins were the best in the industry despite significant market uncertainty. This shows the extent of Hindalco's resilience to perform in all market environments. Currently, around 80% of Hindalco's consolidated FY20 EBITDA is LME-delinked, a clear affirmation of our diversified, valueadded portfolio.

We are confident our business model and strategic critical investments will strengthen business for the long-term. Volatile environments will continue to test the industry but we believe our strategic focus on future proofing operations will continue to raise our performance above the sector."

Shares of HINDALCO INDUSTRIES LTD. was last trading in BSE at Rs.144.45 as compared to the previous close of Rs. 147. The total number of shares traded during the day was 558884 in over 4169 trades.

The stock hit an intraday high of Rs. 147.35 and intraday low of 142.4. The net turnover during the day was Rs. 80722335.

Source : Equity Bulls

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