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
Revenue of Aditya Birla Group metals flagship rises 6% to ₹53,151 crore in Q3 FY23; EBITDA down 48% YoY to ₹3,930 cr.
Following the quarterly results, domestic brokerage ICICI Securities has given a ‘Buy’ call for Hindalco, while raising the company’s target price to ₹515.