Hindalco Industries Ltd Q4FY21 consolidated PAT rises to Rs. 1928 crores

HINDALCO INDUSTRIES LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.40696 crores during the period ended March 31, 2021 as compared to Rs.35281 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.1928 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.1877 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.8.66 for the period ended March 31, 2021 as compared to Rs.8.44 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 40696 crs	₹ 35281 crs	15.35%
Net Profit	₹ 1928 crs	₹ 1877 crs	2.72%
EPS	₹ 8.66	₹ 8.44	2.61%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.40696 crores during the period ended March 31, 2021 as compared to Rs.29624 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1928 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.669 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.8.66 for the period ended March 31, 2021 as compared to Rs.3.01 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 40696 crs	₹ 29624 crs	37.38%
Net Profit	₹ 1928 crs	₹ 669 crs	188.19%
EPS	₹ 8.66	₹ 3.01	187.71%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.133207 crores during the 12 months period ended March 31, 2021 as compared to Rs.119330 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.3483 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.3767 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.15.65 for the 12 months period ended March 31, 2021 as compared to Rs.16.93 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 133207 crs	₹ 119330 crs	11.63%
Net Profit	₹ 3483 crs	₹ 3767 crs	-7.54%
EPS	₹ 15.65	₹16.93	-7.56%

Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries Ltd., said, "This past year, with all its volatility and uncertainty, has underscored Hindalco's resilience and ability to deal with challenges. Our record Q4 results have strengthened our balance sheet even further, absorbing the Aleris acquisition and restoring consolidated net debt to EBITDA ratio to pre-acquisition levels. The Aleris business continues to positively impact the overall top line and EBITDA.

Through Q4, our India business continued to rise with demand higher than pre-Covid levels. Across the entire Hindalco family, we acknowledge the commitment and resilience of our employees, our own Covid warriors. Looking ahead, although FY22 has started with a second Covid wave in India, Hindalco is confident that our inherent strengths and tenacity will support us through it."

Shares of HINDALCO INDUSTRIES LTD. was last trading in BSE at Rs.386 as compared to the previous close of Rs. 403.3. The total number of shares traded during the day was 983817 in over 10808 trades.

The stock hit an intraday high of Rs. 394 and intraday low of 379.6. The net turnover during the day was Rs. 380573464.

Source : Equity Bulls

Keywords