Page 6 - Hindalco Industrie News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On a consolidated basis, Hindalco Industries net profit soared 76.74% to Rs 1,877 crore on 19.73% increase in revenue from operations at Rs 34,958 crore in Q3 December 2020 over Q3 December 2019. Consolidated profit before tax (PBT) surged 91.01% to Rs 2,829 crore in Q3 December 2020 over Q3 December 2019. Tax expense for the quarter jumped 92.84% to Rs 808 crore as against Rs 419 crore in Q3 December 2019. The Q3 result was declared during trading hours today, 10 February 2021. The results were driven by a strong performance by Novelis and India aluminium business, supported by higher volumes and better product mix, lower input costs, stability in operations and cost saving actions. The copper business maintained its performance sequentially in Q3 FY21 versus Q2 FY21. Novelis reported an all-time high EBITDA as well as EBITDA per ton, as a result of continued demand for innovative, sustainable aluminium solutions and outstanding operational performance across its expanded busines

Satish paiHindalco industrieHindalco industriesAditya birla groupIndia businessCapital marketEconomy of indiaNifty 50Sustainable aluminium solutionsMajor copper playerManaging directorசத்தீஷ் பைஹிந்டல்கோ தொழில்ஹிந்டல்கோ தொழில்கள்இந்தியா வணிகமூலதனம் சந்தை