Hindalco Industries Q1 Results: Profit Up 25%, But Misses Estimates

Revenue was up 7.6% to Rs 57,013 crore in the June quarter.

Hindalco Industries Ltd. (Source: Company website)

Hindalco Industries Ltd.'s net profit rose but missed analysts' estimates in the first quarter of financial year 2025.

The aluminium producer's net profit increased 25% year-on-year to Rs 3,074 crore in the quarter ended June, according to an exchange filing on Wednesday. This compares with the Rs 3,428-crore consensus estimate of analysts polled by Bloomberg.

Hindalco Q1 FY25 Earnings Highlights (Consolidated, YoY)

  • Revenue up 7.6% to Rs 57,013 crore (Bloomberg estimate: Rs 56,236.4 crore).

  • Ebitda up 31% to Rs 7,503 crore (Bloomberg estimate: Rs 7,201.3 crore).

  • Ebitda margin expands 237 basis points to 13.16% (Bloomberg estimate: 12.8%).

  • Net profit up 25% to Rs 3,074 crore (Bloomberg estimate: Rs 3,428 crore).

Also Read: Novelis Q1 Results: Operating Income Rises 19% To $500 Million

Segment-Wise Performance

  • Novelis: Total shipment of flat-rolled products was at 951 kilotonne, up 8% YoY, supported by stronger demand for beverage packaging and record automotive shipments. Net sales were up 2% at $4.2 billion, while net income stood 3% lower annually due to initial charges of flooding at Swiss plant, higher restructuring, unfavourable metal price lag. The net income, excluding special items, was up 32% YoY at $204 million

  • Aluminum (upstream): Upstream Ebitda stood at Rs 3,493 crore, up 80% YoY from Rs 1,935 crore.

  • Aluminum (downstream): Downstream Ebitda per tonne was $138 per tonne in the first quarter of fiscal 2025, as compared with $202 in the same period last year, down 32% YoY.

  • Copper: Ebitda for copper business stood at Rs 805 crore, as compared with Rs 531 crore in the same period last year, up 52% YoY. This growth was mainly driven by higher average copper prices during the quarter and robust operations, as per the company

Also Read: CBI Books Hindalco On Graft Charges In Environmental Clearances For Odisha Coal Mine

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WRITTEN BY
Mihika Barve
Mihika Barve is an NISM Certified Research Analyst at NDTV Profit. She is a... more
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