The Business Bytes
TBB BUREAU
NEW DELHI, MAY 24, 2023
Hindalco Industries Ltd on Wednesday reported a consolidated net profit of Rs 2,411 crore for the fourth quarter ended on March 31, 2023 (Q4FY23) as against Rs 3,860 crore recorded in the corresponding period in FY 2021-22,.
However, the company witnessed a marginal rise in its total income in the quarter under review. Total income of the company was Rs 56,209 crore in Q4FY23 as against Rs 56,057 crore in the year-ago quarter.
The expenses were at Rs 53,372 crore, higher than Rs 51,026 crore in the year-ago.
Aditya Birla Group company Hindalco Industries is the world’s largest aluminium company by revenue.
