Novelis Archives - IndoAsian Commodities

Hindalco fiscal 2022 third quarter profit after tax doubles to Rs 3,675 crore

Hindalco Industries Ltd, Aditya Birla Group’s metals flagship reported a 95.7 per cent jump in consolidated profit after tax (PAT) to Rs 3,675 crore for the quarter ended December 31, 2021. The results were driven by positive macros and focus on downstream value-added products along with better operating efficiencies. The company had posted a consolidated PAT […]

Hindalco posts threefold rise in profits to Rs 1,928 crore in Q4 of FY21

Aditya Birla group company Hindalco Industries reported almost three-fold year-on-year increase in its consolidated net profit of Rs 1,928 crore for the quarter ended March 31, 2021. The earnings were driven by strong performance at its US-arm Novelis and India aluminium business amidst the sharp surge in aluminium prices globally. The company’s consolidated revenue from operations […]