Hindalco Q3 Results: 60% Profit Surge to ₹3,735 Cr, Revenue at ₹58,899 Cr

Hindalco
Hindalco Q3 Results: 60% Profit Surge to ₹3,735 Cr, Revenue at ₹58,899 Cr

Business and Industry Overview: 

Hindalco Industries is the metals flagship company of the Aditya Birla Group, valued at USD 28 billion, and is a leader in the aluminum and copper industries. In April 2020, the company strengthened its position as the world’s largest player in flat-rolled aluminum products by acquiring Aleris Corporation through its subsidiary, Novelis Inc. 

Hindalco operates a state-of-the-art copper facility, which features one of Asia’s largest custom copper smelters. In India, its aluminum operations encompass bauxite mining, alumina refining, copper production, and various downstream processes. The company ranks among the global aluminum majors and has a presence in nine countries. 

The Birla Copper unit is India’s largest private gold producer, manufacturing copper cathodes and various by-products. Hindalco holds Star Trading House status in India, and its aluminum and copper products are recognized on the London Metal Exchange. 

The aluminum industry in India is strategically positioned and is one of the largest producers globally, with clear growth plans and promising prospects for the future. India’s abundant bauxite mineral resources provide a competitive advantage to the industry compared to its global counterparts. As of September 2019, Hindalco’s domestic aluminum capacity was approximately 1.3 million tonnes, which accounted for nearly 40% of India’s total aluminum production. 

Latest Stock News: 

Hindalco Industries has reported a significant increase in its Q3 profits, with a 60% rise, bringing the net profit to Rs 3,735 crore for the December quarter. This is up from Rs 2,331 crore during the same period in the previous financial year (2023-24). The company’s total income also rose, reaching Rs 58,899 crore, compared to Rs 53,088 crore in the previous year.  

In addition to its strong financial performance, Hindalco announced the appointment of Bharat Goenka, currently the CFO-Designate, as the Chief Financial Officer, effective April 1, 2025. 

Due to ongoing geopolitical tensions and President Trump’s tariffs on imports, Satish Pai, Managing Director of Hindalco, said in an interview with Moneycontrol on February 14 that the company expects a neutral to positive impact on its US business. This follows the 25% tariff on all steel and aluminum imports into the United States. 

Segmental information: 

Hindlco has 2 major business segments. 

  1. Aluminum: In the Aluminium Business, Hindalco is a leading integrated producer with both upstream and downstream operations. Upstream operations include bauxite mining, which involves extracting raw materials; alumina refining, where bauxite is processed into alumina; and primary aluminum production, which smelts the alumina into ingots, billets, and wire rods. The downstream products consist of rolled products used in automotive, packaging, construction, and aerospace industries, extrusions for building and transportation, and foils and packaging products, including Freshwrapp and industrial foils. 
  1. Copper: In the Copper Business, Hindalco is India’s largest producer, operating an integrated smelting and refining facility. This segment focuses on producing copper cathodes for wiring and machinery, as well as continuous cast copper rods essential for power transmission. Additionally, valuable by-products such as sulfuric and phosphoric acids are produced for fertilizers and chemicals, along with gold and silver extracted during the smelting process. 

Subsidiary Information:  

  1. Utkal Alumina International Limited 
  1. Minerals & Minerals Limited 
  1. Suvas Holdings Limited. 
  1. Dahej Harbour & Infrastructure Limited 
  1. Hindalco Almex Aerospace Limited 
  1. East Coast Bauxite Mining Company Private Limited 
  1. Renuka Investments & Finance Limited 
  1. Renukeshwar Investments & Finance Limited 
  1. Lucknow Finance Company Limited 
  1. Utkal Alumina Social Welfare Foundation 
  1. Kosala Livelihood and Social Foundation 
  1. Birla Copper Asoj Private Limited 

Q3 Highlights: 

  •  Hindalco Industries reported a significant increase in Q3 profits, with a 60% rise. 
  • Net profit for the December quarter reached Rs 3,735 crore, up from Rs 2,331 crore in the same period of the previous financial year (2023-24). 
  • Total income rose to Rs 58,390 crore, compared to Rs 52,088 crore in the previous year. 
  •  Bharat Goenka, currently the CFO-Designate, has been appointed as the Chief Financial Officer, effective April 1, 2025. 

Financial Summary: 

Amount in ₹ Cr Q3 FY24 Q3 FY25 FY23 FY24 
Revenue 52,808.00 58,390.00 223,202 215,962 
Expenses 46,943.00 50,807 200,536 192,090 
EBITDA 5,865.00 7,583 22,666.00 23,872.00 
OPM 11% 13% 10% 11% 
Other Income 281 469 1,307 1,519 
Net Profit 2,331.00 3,735.00 10,097 10,155 
NPM 4.41 6.40  4.70 
EPS 10.37 16.62 44.93 45.19 

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