Hindalco Industries Ltd.

Hindalco Industries has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 48.03% fall in net profit at Rs 832 crore for the quarter under review as compared to Rs 1601 crore for the same quarter in the previous year. However, total income of the company increased by 5.35% at Rs 20161 crore for Q4FY23 as compared to Rs 19138 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 37.39% fall in its net profit at Rs 2411 crore for fourth quarter ended March 31, 2023 as compared to Rs 3851 crore for the same quarter in the previous year. However, total income of the company increased by 0.27% at Rs 56209 crore for Q4FY23 as compared to Rs 56057 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 39.60% fall in its net profit at Rs 3326 crore as compared to Rs 5507 crore for the previous year. However, total income of the company increased by 13.60% at Rs 77464 crore for year under review as compared to Rs 68188 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 26.46% fall in its net profit at Rs 10097 crore as compared to Rs 13730 crore for the previous year. However, total income of the company increased by 14.41% at Rs 224459 crore for year under review as compared to Rs 196195 crore for year ended March 31, 2022.