Hindalco Industries reports Q1 FY2024 consolidated net profit of Rs. 2454 crores

Hindalco Industries Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 53382 crores during the period ended June 30, 2023 as compared to Rs. 56209 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2411 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 11.03 for the period ended June 30, 2023 as compared to Rs. 10.83 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 53382 crs	₹56209 crs	-5.03%
Net Profit	₹2454 crs	₹2411 crs	1.78%
EPS	₹11.03	₹10.83	1.85%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 53382 crores during the period ended June 30, 2023 as compared to Rs.58229 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2454 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4119 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.11.03 for the period ended June 30, 2023 as compared to Rs.18.50 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 53382 crs	₹58229 crs	-8.32%
Net Profit	₹2454 crs	₹4119 crs	-40.42%
EPS	₹11.03	₹18.50	-40.38%

Shares of Hindalco Industries Limited was last trading in BSE at Rs. 455.05 as compared to the previous close of Rs. 464.70. The total number of shares traded during the day was 200726 in over 4035 trades.

The stock hit an intraday high of Rs. 467.95 and intraday low of 452.05. The net turnover during the day was Rs. 91866054.00.

Source : Equity Bulls

Keywords

HindalcoIndustries Q1FY24 ResultUpdate