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Hindalco Industries reports 37% fall in Q4 net profit

16 May 2019 Evaluate

Hindalco Industries has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a fall of 37.44% in its net profit at Rs 235.82 crore for the quarter ended March 31, 2019 as compared to Rs 376.97 crore for the same quarter in the previous year. However, total income of the company increased by 7.07% at Rs 12,733.23 crore for quarter under review as compared to Rs 11,892.06 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a fall of 16.09% in its net profit at Rs 1,205.43crore as compared to Rs 1,436.49 crore for the previous year. However, total income of company increased 5.17% at Rs 46,689.19 crore for year under review as compared to Rs 44,393.86 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 9.66% in its net profit at Rs 5,495.01 crore as compared to Rs 6,082.87 crore for the previous year. However, total income of company increased by 12.61% at Rs 131,669.36 crore for year under review as compared to Rs 116,924.27 crore for year ended March 31, 2018.

Peers
Company Name CMP
Hindalco Industries 973.20
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