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in Economy

Hindalco Q4 profit doubles to Rs 3,851 cr; revenue rises 38% YoY

by Editor May 27, 2022, 12:10 am 1.5k Views

Hindalco Q4 profit doubles to Rs 3,851 cr; revenue rises 38% YoY

Hindalco Industries, the flagship metals company of the Aditya Birla group, said on Thursday its consolidated net profit doubled year-on-year (YoY) to Rs 3,851 crore for the quarter ending March 31 (Q4)–the highest number for any quarter. Bloomberg consensus estimates had pegged Q4 net profit at Rs 2,959 crore for the quarter.

The company reported its Q4 numbers after markets…

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