Hindalco Q1 standalone PAT seen up 22% at Rs 650 cr

Aditya Birla Group company Hindalco Industries is expected to report a rise of 22% (YoY) in profits for the first quarter of FY12. During the period, standalone profit after tax of the company is likely to go up at Rs 650 crore as against Rs 534 crore in the corresponding quarter last fiscal.

Sales are seen going up by 26% to Rs 6,510 crore from Rs 5,178 crore year-on-year.
EBITDA is likely to go up by 9% to Rs 905 crore in April-June quarter of 2011 versus Rs 832.40 crore in the year ago period.
However, EBITDA margin is seen falling to 13.9% versus 16.08% year-on-year.
 
Expectations
Strong LME prices to compensate for flattish volumes in copper segment (YoY):
Volumes likely to be flattish in the copper business (y-o-y) though aluminum volumes are expected to witness an increase on YoY basis
Top-line should be boosted by higher LME prices