Hindalco Soars 2% as Q3 Profit Surges 60%, Beating Estimates

Hindalco Industries (HALC.NS) shares jumped 2% in early trade after reporting stellar Q3 FY25 results. The aluminum major's consolidated net profit surged 60% year-on-year to Rs 3,735 crore, surpassing analyst expectations. Revenue climbed 11% to Rs 58,390 crore, driven by strong performance in the India aluminum business. The company's EBITDA grew by 28% YoY, boosted by higher metal prices and lower power costs. Hindalco's India business PAT more than doubled to Rs 2,885 crore. Despite global uncertainties, the robust results underscore Hindalco's operational efficiency and market resilience in the metals sector.

 

Sources: Economic Times, CNBC TV18, Financial Express