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Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages said
Hindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% rise in consolidated revenue to Rs 78,133 crore. The company recommended a final dividend of Rs 5 per share. Analysts remain cautiously optimistic, with some raising target prices.
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economictimes.indiatimes.com
Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividend
Hindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the fourth quarter, compared with Rs 5,283…
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thehindubusinessline.com
Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis
Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same…
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Hindalco's India segment shines as profit and revenue hit record highs
Hindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business delivered outstanding results across…
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Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages said
Hindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% rise in consolidated revenue to Rs 78,133…
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Hindalco to deliver a robust show, Novelis will turn around in FY27: Satish Pai
Hindalco's managing director anticipates a stronger performance this fiscal year, with aluminium prices expected to remain high until late 2026. The company's US arm, Novelis, is…
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Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?
Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are…