ALPHA TRIBE

Hindalco Industries LimitedPPTs, 11-11-2024: Investor Presentation

11-11-2024 | 07:07 pm

The Board of Hindalco Industries Limited has held a meeting, considering and approving the financial results for the quarter and half-year. The consolidated revenue increased by 7% year-on-year to ₹58,203 crore, while EBITDA surged by 49% to ₹9,100 crore.

In the Novelis segment, shipments reached 945 KT, up 1%, driven by robust beverage packaging demand. However, aluminum downstream shipments grew by 10%, reflecting market recovery, whereas upstream shipments declined slightly by 2%, affected by input costs. Copper revenue improved by 5% given higher average prices, but metal shipments dropped by 13%.

On the sustainability front, Hindalco maintained its leadership position in the DJSI rankings, achieving its highest score of 87. The company has ambitious plans for capacity expansion across aluminum and copper segments, focusing on sustainability initiatives, including a shift towards green energy and water conservation measures. This positions Hindalco for growth amid a resilient economic landscape. Investors are encouraged to closely monitor ongoing expansions and sustainability efforts as potential growth catalysts.

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