Consolidated revenue was reported at 56,000 crore, up 6 per cent quarter-on-quarter or Qo-Q (flat year-on-year or Y-o-Y), with better realisation and higher India volumes.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) grew 25 per cent Y-o-Y and 14 per cent Q-o-Q to ₹6,700 crore with better performances across segments. The adjusted profit after tax (PAT) stood at ₹3,200 crore, up by 32 per cent Yo-Y (up 36 per cent Q-o-Q) in Q4 FY24. The growth was due to good performances of India aluminium, copper, and strong results from Novelis. In FY24, revenue was 2.16 trillion (down 3 per cent Y-o-Y), Ebitda 23,900 crore (up 5 per cent Y-o-Y), and adjusted PAT at 10,100 crore (flat Y-o-Y).
The net-debt-to-Ebitda ratio improved to 1.21x versus 1.39x at end-FY23.
Aluminium upstream revenue grew 5 per cent Y-0-Y (6 per cent Q-0-Q) to 8,500 crore in Q4. The Ebitda was 2,700 crore (up 24 per cent Y-o-Y and 11 per cent Q-o-Q), due to lower input costs.
Upstream margin was 32 per cent in Q4FY24. Upstream shipments were 337,000 tonnes (up 4 per cent Y-o-Y and 1 per cent Q-o-Q) in Q4FY24.
この記事は Business Standard の May 28, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Standard の May 28, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Trump Vs Harris: How Each Can Win Race To White House
The presidential contest is deadlocked as the nation votes today; opinion polls are exceptionally close across the country
Supreme Industries stock slips on weak Q2 showing
Brokerages cut earnings estimates after firm disappointed the Street
Dabur stock fall may provide entry to long-term investors
Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory.
Capital markets' boom drives NSE Q2 PAT up 57% at ₹3.14K crore
The National Stock Exchange (NSE) reported a 57 per cent year-on-year (Y-o-Y) jump in consolidated net profit to ₹3,137 crore during the quarter ended September 2024 (Q2 FY25) amid a boom in the capital markets.
Sebi directs Embassy Reit to suspend CEO Aravind Maiya
The Securities and Exchange Board of India (Sebi) on Monday directed Embassy Office Parks Management Services, manager to the Embassy Real Estate Investment Trust (Reit), to suspend its chief executive officer Aravind Maiya for lapses in the \"fit and proper\" criteria.
Quant MF expects market correction to pave the way for risk-on phase
The recent downturn in the equity market may see a reversal once the US elections are over, according to Quant Mutual Fund, which emphasizes that the last month's correction should be seen as an opportunity to build more resilient and rewarding portfolios.
Mid, smallcap bounceback may be a distant dream
Analysts believe markets lack positive triggers for an immediate turnaround amid looming US polls
Sebi allows MFs to invest in overseas schemes with India exposure
The Securities and Exchange Board of India (Sebi) has allowed mutual funds (MFs) to invest in overseas funds and unit trusts (UTs) that have up to 25 per cent exposure to Indian equities.
Worst not over yet? Mkt selloff may continue amid headwinds
Technical charts suggest Sensex can slide to 72,000 levels in the worst-case scenario
New York Times beats estimates as digital subscriber count grows
New York Times Co reported third-quarter earnings that beat analysts' expectations, as the company saw an increase in its subscriber count in the months leading up to the 2024 Presidential Election.
