Hindalco Industries Ltd.
-20.70 (-2.17%) Hindalco Industries reports 35% fall in Q2 consolidated net profit
Date: 14-11-2022Hindalco Industries reported results for second quarter ended September 30, 2022.
The company has reported fall of 65.92% in its net profit at Rs 548 crore for Q2FY23 as compared to Rs 1,608 crore for the corresponding quarter previous year. However, total income of the company increased by 6.41% to Rs 18,572 crore for the quarter under review as compared to Rs 17,453 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 35.47% in its net profit at Rs 2,205 crore for the quarter under review as compared to Rs 3,417 crore for the same quarter in the previous year. However, total income of the company increased by 17.57% to Rs 56,504 crore for the quarter under review as compared to Rs 48,060 crore for the same quarter in the previous year.