Hindalco Industries Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting
20-05-2025 | 02:17 pm
20-05-2025 | 02:17 pm
Hindalco has announced a board meeting on May 20, 2025, approving consolidated financial results for FY25. Revenue hit ₹2,38,496 Cr, with net profit soaring to ₹16,002 Cr from ₹10,155 Cr last year, driven by strong performance in Novelis and Aluminium upstream segments. The board proposed a final dividend of ₹5 per share. Strategic expansion includes approving the acquisition of EMIL Mines and Mineral Resources for ₹48 lakh plus ₹1,131 Cr net debt, subject to approvals. A new secretarial auditor was appointed for the next five years.
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