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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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Elgi Equipments net rises to ₹43 crore - The Hindu BusinessLine

Sales up at ₹610 crore ....

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Sundaram Home Finance Q4 net dips 55% to ₹36.6 cr - The Hindu BusinessLine

Sundaram Home Finance Q4 net dips 55% to ₹36.6 cr
May 20, 2021
Disbursements were up 18 per cent to ₹459 crore
Sundaram Home Finance’s net profit for the fourth quarter of FY21 was down 55 per cent to ₹36.6 crore. The company reported a net profit of ₹82 crore in the same period last year.
However, the company, a wholly owned subsidiary of Sundaram Finance, said that the results of the two periods are not comparable as net profit in the year-ago quarter had an exceptional item of ₹60 crore on account of write back of deferred tax liability.
The company said that on a comparable basis, profit from continuing operations for Q4FY21 went up 68 per cent to ₹36.60 crore (₹21.68 crore), excluding the one-time exceptional item of ₹60 crore during Q4FY20. ....

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JK Tyre Q4 net at ₹195 crore - The Hindu BusinessLine

Board recommends dividend of ₹2/ share ....

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