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25-May-2024

Hindalco Industries

Improved margins across all business segments


'Consolidated net sales (including other operating income) of Hindalco Industries has increased 0.25% to Rs 55994 crore.  Sales of Novelis has gone down 6% to Rs 33859 crore (accounting for 58% of total sales).  Sales of Aluminium upstream rose 5% to Rs 8469 crore (accounting for 14% of total sales).  Sales of Aluminium downstream was up 7% to Rs 2920 crore (accounting for 5% of total sales).  Sales of Copper segment was up  20% to Rs 13424 crore (accounting for 23% of total sales).  Inter-segment sales rose 16% to Rs Rs 2678 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 26% to Rs 7907 crore.  PBIT of Novelis rose 29% to Rs 4270 crore (accounting for 54% of total PBIT).  PBIT of Aluminium upstream r...



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