Hindalco Industries Ltd posts consolidated loss of Rs. 709 crore

HINDALCO INDUSTRIES LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.25702 crores during the period ended June 30, 2020 as compared to Rs.29624 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(709) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.669 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(3.19) for the period ended June 30, 2020 as compared to Rs.3.01 for the period ended March 31, 2020.

Financials	Q1 FY2020-21	Q4 FY19-20	% Change
Total Income	₹ 25702 crs	₹ 29624 crs	-13.24%
Net Profit	₹ (709) crs	₹ 669 crs	-205.98%
EPS	₹ (3.19)	₹ 3.01	-205.98%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.25702 crores during the period ended June 30, 2020 as compared to Rs.30268 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.(709) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.1063 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.(3.19) for the period ended June 30, 2020 as compared to Rs.4.78 for the period ended June 30, 2019.

Financials	Q1 FY2020-21	Q1 FY2019-20	% Change
Total Income	₹ 25702 crs	₹ 30268 crs	-15.09%
Net Profit	₹ (709) crs	₹ 1063 crs	-166.7%
EPS	₹ (3.19)	₹ 4.78	-166.74%

Shares of HINDALCO INDUSTRIES LTD. was last trading in BSE at Rs.183.5 as compared to the previous close of Rs. 175.75. The total number of shares traded during the day was 716615 in over 4360 trades.

The stock hit an intraday high of Rs. 184.6 and intraday low of 177.95. The net turnover during the day was Rs. 130911052.

Source : Equity Bulls

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