Hindalco, the metals flagship of the Aditya Birla Group, reported a consolidated net profit of ₹3,074 crore for the first quarter of fiscal year 2023-24 (Q1FY25). This marks a 25.2% increase compared to ₹2,454 crore in the same period last year, driven by operational efficiencies and lower input costs.
The company’s consolidated revenue for Q1FY25 stood at ₹57,013 crore, showing an 8% year-on-year growth. This growth was supported by better realizations and efficiency improvements in its India operations. Despite the positive results, Hindalco’s shares dropped by 1.46%, trading at ₹620.15 on the NSE.
Hindalco’s total income for the quarter increased by 7% year-on-year to ₹57,437 crore, compared to ₹53,382 crore in the previous fiscal period. The company reported an EBITDA of ₹7,992 crore, which is a 31% rise from ₹6,109 crore last year. This growth was mainly due to lower input costs and higher production volumes.
The copper segment of Hindalco set a new performance record, achieving an EBITDA of ₹805 crore, a 52% increase from the previous year. This was driven by higher copper prices and strong operational performance.
Hindalco, a $26 billion metals powerhouse, operates across the entire value chain, including mining, smelting, and refining. It is the world’s largest aluminum company by revenue and the second-largest copper rods manufacturer outside China. The company’s global footprint includes 52 manufacturing units in 10 countries.
