Hind Aluminium reports an improved Q2 results, with a 44% rise in net sales

Hind Aluminium, an Indian manufacturer of aluminium & alloy conductors and aluminium wire rods destined for a wide range of power transmission and distribution applications, has announced its September quarter (Q2) FY2024-25 results, announcing a surge in net sales and profit after a dip in the previous quarter.

Image Source: Hind Aluminium

In Q2 FY2025, net sales of Hind Aluminium was INR 0.36 crore (US$42,628.77), up by 44 per cent from INR 0.25 crore (US$29,597.82) in the previous year. However, on a year-on-year calculation, the company’s net sales decreased by 25 per cent from INR 0.48 crore (US$56,840.98).

Similarly, net profit also increased over the quarter by 55.7 per cent from INR 2.37 crore (US$280,652.32) to INR 1.05 crore (US$124,339.64), but stood 72.58 per cent down over the year from INR 3.83 crore (US$453,543.62).

During the period under review, EBITDA stood at INR 0.16 crore (US$18,946.99) versus INR 0.31 crore (US$36,709.80) in the June quarter of 2024 and INR 2.72 crore (US$322,120.31) in the September quarter of 2023. On an annual basis, Hind’s EPS also decreased from INR 6.25 to INR 1.67.

Following the release of the improved quarterly results, Hind Aluminium’s shares closed November 21 at INR 67.12 on the Bombay Stock Exchange, giving 12.3 per cent returns over the last six months and 35.6 per cent over twelve months.