Today, Hindalco Industries unveiled its financial results for the third quarter, which showed that the net profit surged by 68.3% to ₹838 crore, up from ₹498 crore reported during the same period last year.
Revenue witnessed a 7% increase, reaching ₹20,289 crore compared to ₹18,983 crore year-on-year.
EBITDA, an important measure of operational profitability, rose by 46.2% to ₹1,963 crore, compared to ₹1,343 crore in the previous year.
The margin, indicating the proportion of revenue retained as profit, stood at 9.7%, showing growth from 7.1% in the previous year.
