MENU

Published on 10/02/2021 4:06:54 PM | Source: Angel Broking Ltd

Hindalco Industries 3QFY21 Result Update By Amarjeet Maurya, Angel Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Below are Views On Hindalco Industries 3QFY21 Result Update By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

During the 3QFY21, Hindalco Industries Ltd (HIL) reported revenue of ~Rs34,958cr (up 20% YoY). The results were driven by a strong performance by Novelis and India Aluminium Business, supported by higher volumes. On the EBITDA front, the company has reported Rs5,521cr and EBITDA margin at 15.8%, which is up by 320bps yoy due to better product mix, lower input costs, stability in operations and cost saving actions. On the bottom-line front, PAT grew by ~77% to Rs1,877cr. Overall 3Q results were better than expectation. Hence, we are positive on stock.

 


Above views are of the author and not of the website kindly read disclaimer

marsbahis marsbahis marsbahis marsbahis
1xbet 1xbet bahisno 1 bahsegel slot oyna ecopayz güvenilir bahis siteleri canlı bahis siteleri iddaa marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis marsbahis restbet canlı skor süperbahis mobilbahis