Hindalco’s Q3FY25 net profit surges 60% to Rs 3,735 cr; revenue up 11%
Mumbai: Hindalco Industries reported a 60% surge in its consolidated net profit for the December quarter, reaching Rs 3,735 crore, up from Rs 2,331 crore in the same period last year, Mint reported.
The company's operational revenue for Q3FY25 stood at Rs 58,390 crore, reflecting an 11% increase from Rs 52,808 crore in the corresponding quarter of the previous financial year.
Despite this annual growth, Hindalco recorded a 4.4% sequential decline in profit after tax (PAT) compared to Rs 3,909 crore in Q2FY25.
However, revenue saw a marginal quarter-on-quarter rise of 0.32%, reaching Rs 58,203 crore in the July-September quarter.
“Hindalco delivered strong consolidated results in the third quarter, despite global uncertainties, driven by outstanding performance in its India operations. The Aluminium India Upstream segment achieved record quarterly EBITDA, with industry-leading margins of 42%. The downstream segment maintained steady growth, posting a 36% rise in EBITDA, while the Copper business registered an 18% EBITDA growth.
“Additionally, the business achieved the ‘Copper Mark-JDDS’ certification for responsible and sustainable production. Novelis remains focused on operational and cost efficiencies amid current pressures on scrap pricing. Meanwhile, the India business PAT surged by 134% year-on-year to Rs 2,885 crore,” said Satish Pai, Managing Director of Hindalco Industries.
The company reported a record-high aluminium upstream EBITDA of Rs 4,222 crore, reflecting a 73% increase, with a margin of 42%.
Its quarterly copper EBITDA reached Rs 777 crore, marking an 18% rise. Overall, the consolidated EBITDA for the quarter stood at Rs 8,108 crore, up 28% year-on-year.
“During the quarter, we secured critical resources for our India upstream business, strengthening our global cost leadership. Key expansion projects, including the alumina refinery, aluminium smelter, copper smelter, and FRP project, remain on schedule.
“With a strong balance sheet, we are well-positioned for our next phase of transformative growth. Our comprehensive ESG strategy continues to receive global recognition, making Hindalco the only company ranked in the Top 1% of the S&P Global Sustainability Yearbook 2025, with the highest ESG score in the aluminium sector,” Pai added.
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