Hindalco Industries Q3 Results: Net profit rises 60% to Rs 3,735 crore

4 months ago 45

Aditya Birla Group steadfast Hindalco Industries connected Thursday posted a 60 per cent emergence successful consolidated nett net to Rs 3,735 crore successful the December 4th aided by higher income.

It had reported a nett net of Rs 2,331 crore successful the October-December play of the preceding 2023-24 fiscal year, the institution said successful an speech filing.

The company's full income roseate to Rs 58,899 crore from Rs 53,088 crore successful the year-ago period.

Its expenses were astatine Rs 53,563 crore arsenic against Rs 49,761 crore successful the December quarter.

Sharing an update connected the acquisition of fabrication installation of Home Build Tec, Hindalco Industries said the negotiations connected the projected acquisition did not materialise, and the transaction has officially been closed.

The committee has appointed Bharat Goenka arsenic the CFO with effect from April 1, 2025.

Hindalco Industries is the metals flagship institution of the Aditya Birla Group.

A USD 28 cardinal metals powerhouse, Hindalco is an manufacture person successful aluminium and copper.

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