HINDALCO INDUSTRIES Q3 FY24 Results
HINDALCO INDUSTRIES has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:
Revenue Analysis
- Current Quarter Revenue: Rs. 52,808.00 Cr
- Quarter-on-Quarter (QoQ) Change: -2.51% (Previous Quarter: Rs. 54,169.00 Cr )
- Year-on-Year (YoY) Change: -0.65% (Same Quarter Last Year: Rs. 53,151.00 Cr )
Profitability Metrics
- Net Profit: Rs. 2,331.00 Cr
- QoQ Profit Change: 6.15% (Previous Quarter: Rs. 2,196.00 Cr )
- YoY Profit Change: 71.15% (Same Quarter Last Year: Rs. 1,362.00 Cr )
Shareholder Returns
- Earnings Per Share (EPS): Rs. 10.50
- QoQ EPS Change: 6.28% (Previous Quarter: Rs. 9.88)
- YoY EPS Change: 71.29% (Same Quarter Last Year: Rs. 6.13)
Performance Summary
Mixed
HINDALCO INDUSTRIES had mixed results. Profits are up, but sales are down. They might be cutting costs or focusing on more profitable products.
This analysis provides a snapshot of HINDALCO INDUSTRIES's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.
Disclaimer:
This information is for informational purposes only. Please reverify all details from official sources before making any financial decisions. The accuracy and completeness of this data cannot be guaranteed.