Hindalco Industries Ltd.

BSE: 500440 | NSE: HINDALCO
Large Cap | Metal - Non Ferrous
934.70
-20.70 (-2.17%)
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Hindalco Industries reports 49% drop in Q4 net profit

Date: 30-05-2014

Hindalco Industries has reported results for fourth quarter and year ended March 31, 2014.

The company has posted a fall of 48.51% in its net profit at Rs 248.15 crore for the quarter ended March 31, 2014, as compared to Rs 482.03 crore for the same quarter in the previous year. However, total income of the company increased by 19.68% at Rs 8647.53 crore for quarter under review as compared to Rs 7224.96 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a fall of 16.82% in its net profit at Rs 1413.33 crore as compared to Rs 1699.20 crore in the previous year. However, total income of the company has increased by 7.15% at Rs 28975.35 crore for year under review as compared to Rs 27040.02 crore for the year ended March 31, 2013.

For the year ended March 31, 2014, on the consolidated basis, the company has posted a fall of 28.14% in its net profit at Rs 2175.01 crore as compared to Rs 3026.89 crore for the same period in the previous year. However, total income of the company has increased by 9.24% at Rs 88712.69 crore for year under review as compared to Rs 81205.03 crore for the year ended March 31, 2013.