Hindalco’s Q2FY25 Results
Hindalco’s revenue increased 9% YoY
- 13 Nov 2024
- Hindalco reported a 3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis too, it witnessed a growth of 9%.
- Its expenses for the quarter were up by 1.6% QoQ and 3% YoY.
- The net profit increased 27% QoQ and 78% YoY.
- The earnings per share (EPS) of Hindalco stood at 17.6 during Q2FY25.
Hindalco’s Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 54,632 | 57,437 | 59,278 | 3% | 9% |
Total expenses | 51,434 | 52,261 | 53,121 | 1.6% | 3% |
Profit before tax | 3,231 | 4,848 | 5,643 | 16% | 75% |
Tax | 1,035 | 1,774 | 1,734 | -2% | 68% |
Profit after tax | 2,196 | 3,074 | 3,909 | 27% | 78% |
Earnings per share | 9.9 | 13.8 | 17.6 |
Financials:
- Aluminium Upstream EBITDA at ₹3,709 crore, up 79%; EBITDA margin at 41%
- All-time high quarterly Copper EBITDA at ₹829 crore, up 27%
- Novelis’ Rolled Product shipments at 945 KT, up 1%
- Consolidated EBITDA at ₹9,100 crore, up 49%
- Consolidated Net Debt to EBITDA at 1.19x as of September 30th, 2024
- Hindalco ranks as the World’s Most Sustainable Aluminium Company for the 5 th consecutive year in S&P Global Corporate Sustainability Assessment rankings 2024
Management Commentary:
Mr. Satish Pai, Managing Director, Hindalco Industries, said
- Hindalco's India business achieved strong Q2 operational performance, focusing on operational reliability and cost management.
- Aluminium India Upstream business reported the highest EBITDA per tonne ($1,349) in 10 quarters, a global best in industry.
- Copper business posted record quarterly EBITDA.
- Novelis achieved record beverage packaging shipments, mitigating impact from Sierre flooding-related outage.
- Significant progress was made across growth projects in India Business and Novelis.
- Robust cash flow generation kept consolidated net debt-to-EBITDA ratio below 1.2x.
- Hindalco ranked as the World’s Most Sustainable Aluminium Company for the fifth year in S&P Global Corporate Sustainability Assessment with a score of 87/100, highest to date.
- Strong ESG commitment with focus on water positivity, zero waste, net-zero emissions, and biodiversity preservation.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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