Hindalco Industries Ltd Q1FY18
Standalone Results Q1FY18: (Rs. in crore)
|EBITDA Margin (%)||14.7|||
|Net Profit (adjusted)||290||[1.4]|
Hindalco Industries Ltd's Q1FY18 standalone results for the quarter came in mixed versus street estimates. Revenue for the quarter came in 3.8 % higher than the estimated figure of Rs. 10030 crore. EBITDA for the quarter came in 25.7 % higher than the estimated figure of Rs. 1215 crore. And lastly, net profit for the quarter came in 24.4 % lower than the estimated figure of Rs. 383 crore.
Hindalco Industries Ltd standalone revenue for the quarter came in at Rs. 10407 crore, registering 27.6% yoy increase. This was primarily driven by 51% yoy increase in revenues from Copper segment.
EBITDA for the quarter rose by 4.4% yoy to Rs. 1527 crore with a corresponding margin contraction of 326 bps. EBITDA margin for the quarter stood at 14.7%. This margin contraction was driven by 47% yoy increase in cost of raw materials consumed.
The PAT for the quarter came in at Rs. 290 crore, yoy decline of 1.4%.
Hindalco Industries Ltd is currently trading at Rs. 225.60, down by 12.2 points or 5.13% from its previous closing of Rs. 237.80 on the BSE.
The scrip opened at Rs. 236.40 and has touched a high and low of Rs. 236.40 and Rs. 223.10 respectively. So far 1,54,85,464(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 50 DMA.
BSE 237.15 [0.85] ([0.36]%)
NSE 237.95 [0.15] ([0.06]%)
***Note: This is a NSE Chart
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.