Hindalco Industries Q4 PAT seen up 33.6% YoY to Rs. 3,220 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its fourth quarter (January-March’ 24) earnings estimates for the Metal & Mining sector. The brokerage house expects Hindalco Industries to report net profit at Rs. 3,220 crore up 33.6% year-on-year (up 38.1% quarter-on-quarter).

Net Sales are expected to decrease by 0.7 percent Y-o-Y (up 5 percent Q-o-Q) to Rs. 55,470 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 33.2 percent Y-o-Y (up 21 percent Q-o-Q) to Rs. 7,100 crore.

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