Hindalco Q1 results show revenue fell from 56,209 crores to 53,382 crores, a 5.03% decrease in growth. EPS rise from ₹10.83 to ₹11.03, up by 1.85%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Hindalco shared its Q1 results on Tuesday. They earned 53,382 crores in revenue this quarter, but that’s less than the 56,209 crores they made last quarter. Unfortunately, the company’s growth decreased by 5.03 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 2454 crores, up from 2411 crores in the previous quarter. Their quarter-to-quarter growth increased by 1.78 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹11.03, which is an increase of 1.85% from the ₹10.83 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 53,382 crores this year (2023), which is 8.32 percent lower than last year’s total revenue of 58,229 crores.
This year’s PAT (Profit After Tax) is 2454 crores, which is also 40.42% lower than last year’s PAT of 4119 crores.
The EPS (Earnings Per Share) for this year is ₹11.03, which is 40.38% less than the EPS of ₹18.50 earned last year.
Hindalco Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
Hindalco Industries Limited, an Indian company engaged in the production of aluminium and copper, operates as a subsidiary under the Aditya Birla Group. The company’s headquarters are situated in Mumbai, Maharashtra, India. It holds a place in the Forbes Global 2000 list, securing the 895th rank. As of May 2013, its market capitalization reached a value of US$3.4 billion.
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