Hindalco Industries Limited Q1FY23; Net Profit at all-time high of Rs.4,119 crore

In Q1 FY23, Hindalco Industries Limited (NSE: HINDALCO) again reported its highest net profit, topping its previous high mark in Q4 FY22. The company’s consolidated PAT reached a record high of Rs. 4,119 crore, up 48% year over year. First-quarter total revenue increased 40% year over year to Rs 58,018 crore (from Rs 41,358 crore). Additionally, the company reported a record-breaking EBITDA of Rs. 8,640 crore (vs. Rs. 6,790 crore) for the quarter.