Hindalco Industries Ltd.

Hindalco Industries has reported results for the year ended March 31, 2011.

The company has registered a rise of 11.55% in its net profit for the year under review at Rs 2136.92 crore as compared to Rs 1915.63 crore for the last year. Its total income has decreased by 22.21% at Rs 24175.96 crore for the year from Rs 19781.94 crore in previous year.

On consolidated basis, the group’s net profit for the year has declined 37.42% at Rs 2456.37 crore as compared to Rs 3925.47 crore for FY10. Total income for the year has increased by 18.81% at 72508.72 crore as compared to Rs 61030.63 crore for the previous year.

Hindalco Industries has recommended dividend of Rs 1.50 per share aggregating to Rs 287.16 crore. Together with the Corporate Dividend Tax of Rs 46.59 crore, the total payout works out to Rs 333.75 crore.