Hindalco This autumn Results: Hindalco Industries’ income within the March quarter stood at Rs 40,507 crore
Aluminium main Hindalco Industries introduced its January-March quarter outcomes for the monetary yr 2020-21 on Friday, May 21, reporting a web revenue of Rs 1,928 crore on a consolidated foundation, pushed by a strong efficiency of Novelis and the nation’s aluminium enterprise. Reporting a revenue of Rs 668 crore in the identical quarter of the earlier fiscal, the Aditya Birla group firm’s web revenue jumped 189 per cent – virtually 3 times within the March quarter on a year-on-year foundation. (Also Read: Hindalco Q3 Results: Net Profit Rises 90% To Rs 2,021 Crore In December Quarter )
According to a regulatory submitting by the corporate to the inventory exchanges, the income on a consolidated foundation stood at Rs Rs 40,507 crore within the March quarter, in comparison with Rs Rs 29,318 crore within the year-ago interval, marking a progress of 38 per cent.
On Friday, May 21, the share worth of Hindalco Industries settled 1.22 per cent larger at Rs 389.85 apiece on the BSE. Hindalco Industries opened the buying and selling session at Rs 389.90, swinging to an intra day excessive of Rs 392 and an intra day low of Rs 383.60 all through the buying and selling session.
