Hindalco Q4 revenues seen up 21% at Rs 6507 cr

By Ekta Batra, CNBC-TV18

Aditya Birla group's flagship company and world's largest aluminium rolling company Hindalco Industries is likely to post good growth in topline and EBITDA on quarter-on-quarter basis. According to CNBC-TV18 estimates, company is expected report 13% degrowth in fourth quarter standalone profit after tax (PAT) of Rs 578 crore as against Rs 664 crore in a year ago period. January-March quarter FY10 PAT of Rs 664 crore included tax adjustment amounting to Rs 113 crore. If we remove the same, the PAT would be Rs 551 crore. Revenues are seen going up by 21% at Rs 6,507 crore from Rs 5,358 crore in same quarter the previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 10% at Rs 916 crore from Rs 835 crore. However, EBITDA margin is seen growing at 14% as against 16%. On quarter-on-quarter basis, revenues are expected to grow by 10%, EBITDA by 24% and profit after tax by 26%. Even EBITDA margin is seen improving at 14% versus 12% in a year ago period.