Hindalco Industries Ltd.
4.55 (0.49%) Hindalco Industries reports 48% rise in Q1 consolidated net profit
Date: 10-08-2022Hindalco Industries has reported results for first quarter ended June 30, 2022.
The company has reported a rise of 59.12% in its net profit at Rs 1,448 crore for the quarter under review as compared to Rs 910 crore for the same quarter in the previous year. Total income of the company increased by 46.36% at Rs 19,611 crore for Q1FY23 as compared Rs 13,399 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 47.79% in its net profit at Rs 4,119 crore for the quarter under review as compared to Rs 2,787 crore for the same quarter in the previous year. Total income of the company increased by 39.89% at Rs 58,229 crore for Q1FY23 as compared Rs 41,625 crore for the corresponding quarter previous year.