Consolidated operating profit stood at ₹7,900 crore (up 40 per cent Y-o-Y and up 5 per cent Q-o-Q). Adjusted net profit was ₹4,300 crore (up 97 per cent Y-o-Y and 25 per cent Q-o-Q). There were one-time exceptional expenses of ₹510 crore due to flooding at the Novelis Sierre plant.
In H1FY25, revenue stood at ₹1,15,200 crore (up 8 per cent Y-o-Y), operating profit was ₹15,400 crore (up 36 per cent Y-o-Y), and adjusted net profit stood at ₹7,700 crore (up 66 per cent Y-o-Y). The net debt-to-operating profit ratio was 1.19 times in Q2FY25 vs 1.24 times in Q1FY25.
Upstream aluminium revenue was ₹9,100 crore in Q2FY25 (up 16 per cent Y-o-Y). Upstream operating profit was ₹3,700 crore (up 79 per cent Y-o-Y), with lower input costs. Operating profit margin was 41 per cent in Q2FY25 (vs 26.3 per cent in Q2FY24).
Downstream revenue stood at ₹3,200 crore (20 per cent Y-o-Y) due to higher volumes at 103 kilotonnes (kt) (+10 per cent Y-o-Y). Downstream operating profit/tonne was $179 vs $138 in Q1FY25 and $202 in Q2FY24.
Denne historien er fra November 14, 2024-utgaven av Business Standard.
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Denne historien er fra November 14, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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