Hindalco Q2 results: Consolidated PAT dips 35% YoY to ₹2,205 crore
- Hindalco Q2 results: The company's revenue from operations jumped around 18% YoY to ₹56,176 crore
Hindalco Industries on Friday reported a 35.5% year-on-year dip in its consolidated net profit for the July to September quarter at ₹2,205 crore, primarily due to elevated input costs and inflationary impacts. However, consolidated EBITDA declined by 29% yoy in Q2FY23 to ₹ ₹5,743 crore. On the contrary, the company's revenue from operations jumped around 18% YoY to ₹56,176 crore driven by higher volumes and better realisations.
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