Downstream Products News - Market

Hind Aluminium posts further Y-o-Y fall in net sales at INR 0.33 crore for 4QFY2023

  | AL Circle   |

Hind Aluminium Industries Limited has reportedly announced its fourth quarter FY2022-23 results ended March 31, whereby it stated a sequential growth in net sales from INR 0.25 crore to INR 0.33 crore. But on a year-on-year calculation, the sales fell sharply by 73.17 per cent from INR 1.23 crore.

Hind Aluminium posts further Y-o-Y fall in net sales at INR 0.33 crore for 4QFY2023

Thus, at the end of the financial year 2023, Hind Aluminium's net sales totalled INR 2.38 crore.

The company's net loss was recorded at INR 10.65 crore in the year's final quarter, compared to INR 2.05 crore during the same period last year.

EBITDA stood negative at INR 12.91 crore during the March quarter versus INR 0.62 crore a year ago.

Global Aluminium Industry Outlook 2023

Hind Aluminium shares closed at 38.31 on Monday, May 22 (BSE), delivering -1.26 per cent returns over the past six months and -0.69 per cent over the last twelve months. 

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Related Business Leads
Buying request Aluminium UBC Scrap
Interested to buy aluminium scrap. Destination - Kolkata, India
Posted On : 27 Nov 2023

Interested to buy surplus aluminium beryllium master alloys. Destination - India
Posted On : 24 Nov 2023

Buying request Aluminium UBC Scrap
Interested to buy aluminium ubc scrap. Destination - Vietnam Preferred Location - Any place  
Posted On : 23 Nov 2023

Buying request Aluminium UBC Scrap
Interested to buy aluminium ubc scrap. Destination - FOB / CIF Mundra port, India
Posted On : 23 Nov 2023

Buying request Aluminium 6063 Scrap
Interested to buy aluminium 6063 scrap. Destination - FOB / CIF Mundra port, India
Posted On : 23 Nov 2023
Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS-JNARDDC 2023

4-6 December 2023 at Chitnavis Centre in Nagpur, India.

Alternate Text
IGUN METALS AND FINANCE INC

Global supplier of aluminium alloy and base metals from Africa