Last Updated: August 10, 2022, 18:46 IST
Hindalco Industries is the metals flagship agency of Aditya Birla Group.
Hindalco Industries’ income from operations within the April-June interval elevated to Rs 58,018 crore
Hindalco Industries Ltd on Wednesday reported a 47.7 per cent rise in consolidated revenue after tax (PAT) at Rs 4,119 crore for the quarter ended June 30, on the again of sturdy operational efficiencies. The firm had posted a consolidated PAT of Rs 2,787 crore within the year-ago interval, Hindalco Industries, the metals flagship of Aditya Birla Group, mentioned in a regulatory submitting.
The firm’s income from operations within the April-June interval elevated to Rs 58,018 crore, over Rs 41,358 crore within the year-ago interval. “Our performance was backed by strong operational efficiencies and pre-emptive sourcing of critical raw material, thus ensuring stable operations and higher margins,” firm’s Managing Director Satish Pai mentioned.
Pai mentioned that the corporate delivered a stronger first quarter despite rising enter prices and inflationary pressures. The firm’s income from the copper enterprise within the first quarter elevated by 48 per cent to Rs 10,529 crore primarily on account of upper international costs of copper and better volumes.
Shares of Hindalco Industries have been buying and selling at Rs 443.35 apiece on BSE, up 5.20 per cent over the earlier shut.
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