Hindalco net triples to ₹1,928 cr on better realisation, lower cost

Hindalco net triples to ₹1,928 cr on better realisation, lower cost
May 21, 2021
Satish Pai, Managing Director, Hindalco   -  PAUL NORONHA×
Revenue up 38% at ₹40,507 crore
Hindalco Industries, an Aditya Birla group company, reported that its consolidated net profit in the March quarter nearly tripled to ₹1,928 crore, from ₹668 crore logged in the same period last year, largely due to lower cost and better realisation.
Revenue in the quarter under review was up 38 per cent at ₹40,507 crore (₹29,318 crore).
The company announced a dividend of ₹3 per share.
EBITDA in the March quarter was up 33 per cent at ₹5,845 crore (₹4,173 crore). Finance cost reduced to ₹903 crore (₹1,429 crore).

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