09-August-2026
Corporate News
 
Hindalco net up 75% on record India show
08-Aug-2026

Hindalco Industries posted an increase of 75.1% year-on-year in net profit to Rs 7,013 crore for the first quarter of FY27, beating Bloomberg estimates of Rs 5,809 crore. The aluminium and copper major posted a net profit of Rs 4,004 crore in the year-ago quarter. Its revenue from operations jumped 32.1% to Rs 84,825 crore in the June quarter from Rs 64,232 crore a year ago. The company’s revenue from operations, however, lagged Street estimates of Rs 86,688 crore. Earnings before interest, tax, depreciation, and amortisation (Ebitda) for the quarter was Rs 13,932 crore, ahead of Bloomberg estimates of Rs 11,011 crore and a rise of 76.2% from Rs 7,906 crore a year ago, benefiting from lower cost on account of change in inventories of finished goods, work in progress and stock in trade.

News Source:- https://www.financialexpress.com/business/news/hindalco-net-up-75-on-record-india-show/4313385/?ref=business_hp