Hindalco Q1FY22 results: Consolidated profit at Rs 2,787 cr

09 Aug 2021 CW Team

On Friday, Hindalco Industries announced a consolidated profit after tax of Rs 2,787 crore for the quarter that ended June 30, 2021.

The metal major of the Aditya Birla group had a consolidated loss of Rs 709 crore in the previous financial year.

According to a regulatory filing by the company, consolidated revenue from operations increased to Rs 41,358 crore in April-June from Rs 25,283 crore the previous year.

Novelis and the India business produced excellent results, aided by favourable macroeconomics, a strategic product mix, and operational stability.

Due to increased demand for innovative and sustainable aluminium products, as well as strong operational results, Novelis reported an all-time high quarterly EBITDA.

Hindalco has strengthened its efforts to protect employees and the community in anticipation of the third wave of Covid.

Over 51,000 employees have received at least one dose of the vaccine.

The government and Hindalco are working together in some states to vaccinate residents at the company's hospitals and health centres.

Hindalco's dedicated team of 245 paramedics and 77 doctors is available to serve its employees and the surrounding community 24 hours a day.

Hindalco has improved its medical infrastructure by equipping its hospitals and health centres with critical care equipment such as CT scanners, establishing oxygen lines in remote locations to serve patients in need of ICU care, and expanding its lab testing capabilities.

Hindalco's medical teams have been strengthened, with paediatricians added and paramedics upgraded.

The Aditya Birla Group's metals flagship company is Hindalco Industries Limited.

Hindalco's acquisition of Aleris Corporation by its subsidiary Novelis Inc. in April 2020 solidified the company's position as the world's largest flat-rolled products manufacturer and recycler of aluminium.

Hindalco's cutting-edge copper plant includes a world-class copper smelter, a fertiliser plant, and a captive jetty. At a single location, the copper smelter is one of Asia's largest custom smelters.

Image Source

Also read: Hindalco to invest around Rs 10k cr in Hirakud, Silvassa, Mundra plant

Also read: Hindalco to restart all projects on hold, plans to invest Rs 2,700 cr

On Friday, Hindalco Industries announced a consolidated profit after tax of Rs 2,787 crore for the quarter that ended June 30, 2021. The metal major of the Aditya Birla group had a consolidated loss of Rs 709 crore in the previous financial year. According to a regulatory filing by the company, consolidated revenue from operations increased to Rs 41,358 crore in April-June from Rs 25,283 crore the previous year. Novelis and the India business produced excellent results, aided by favourable macroeconomics, a strategic product mix, and operational stability. Due to increased demand for innovative and sustainable aluminium products, as well as strong operational results, Novelis reported an all-time high quarterly EBITDA. Hindalco has strengthened its efforts to protect employees and the community in anticipation of the third wave of Covid. Over 51,000 employees have received at least one dose of the vaccine. The government and Hindalco are working together in some states to vaccinate residents at the company's hospitals and health centres. Hindalco's dedicated team of 245 paramedics and 77 doctors is available to serve its employees and the surrounding community 24 hours a day. Hindalco has improved its medical infrastructure by equipping its hospitals and health centres with critical care equipment such as CT scanners, establishing oxygen lines in remote locations to serve patients in need of ICU care, and expanding its lab testing capabilities. Hindalco's medical teams have been strengthened, with paediatricians added and paramedics upgraded. The Aditya Birla Group's metals flagship company is Hindalco Industries Limited. Hindalco's acquisition of Aleris Corporation by its subsidiary Novelis Inc. in April 2020 solidified the company's position as the world's largest flat-rolled products manufacturer and recycler of aluminium. Hindalco's cutting-edge copper plant includes a world-class copper smelter, a fertiliser plant, and a captive jetty. At a single location, the copper smelter is one of Asia's largest custom smelters. Image Source Also read: Hindalco to invest around Rs 10k cr in Hirakud, Silvassa, Mundra plant Also read: Hindalco to restart all projects on hold, plans to invest Rs 2,700 cr

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Infrastructure Urban

07 Aug 2026

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Infrastructure Transport

07 Aug 2026

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..