Hindalco Q4 profit dips 37% to ₹2,411 cr on macro-economic challenges
Hindalco’s Q4 consolidated revenue was flat on YoY basis at ₹55,857 cr; EBITDA dips 23% over higher input costs, unfavourable macros
Hindalco’s Q4 consolidated revenue was flat on YoY basis at ₹55,857 cr; EBITDA dips 23% over higher input costs, unfavourable macros
Macquarie has maintained 'outperform' rating on the Hindalco stock, while Jefferies, CLSA, Kotak Securities and Motilal Oswal have given a 'buy' call.
The aluminium maker's revenue from operations jumped 38% year-on-year to ₹55,764 crore in the fourth quarter.