Hindalco Industries Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.
On February 14, 2025, Hindalco share price opened at ₹609.00, up from its previous close of ₹602.50. At 9:58 AM, the share price of Hindalco was trading at ₹603.75, up by 0.21% on the NSE.
The flagship metals company of the Aditya Birla Group has reported a 60% year-on-year (YoY) rise in consolidated net profit at ₹3,735 crore for Q3 FY25. The growth was primarily driven by a strong operational performance in its India business.
Hindalco’s consolidated EBITDA grew 28% YoY to ₹8,108 crore, while its India business PAT surged 134% to ₹2,885 crore. The company also maintained financial discipline, with its Net Debt to EBITDA ratio improving to 1.33x.
The company’s Aluminium Upstream segment achieved a record EBITDA of ₹4,222 crore, marking a 73% YoY increase, supported by lower input costs and improved operational efficiencies.
The Copper business also delivered robust performance, with EBITDA rising 18% YoY to ₹777 crore, backed by strong domestic sales and higher by-product realisations.
Meanwhile, Novelis, Hindalco’s US subsidiary, reported revenue of $4.1 billion, with total rolled product shipments of 904 kilotonnes, remaining largely steady compared to last year.
In a significant achievement, Hindalco became the first Indian company to receive the Copper Mark – JDDS Accreditation for its sustainable sourcing and production practices.
Commenting on the results, the Managing Director of Hindalco Industries, Mr Satish Pai, said, During the quarter we secured critical resources for our India upstream business, enhancing our global cost leadership. Key growth initiatives, such as the alumina refinery, aluminium smelter expansion, copper smelter expansion and the FRP project, remain on track. Our strong balance sheet positions us well for the next phase of transformative growth. Our holistic ESG approach continues to gain global recognition. Hindalco is the only company to achieve a Top 1% ranking in the S&P Global Sustainability Yearbook 2025 with the highest ESG score in the aluminium sector.”
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Published on: Feb 14, 2025, 10:00 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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