NewsPrimary ALHindalco Q4 revenues seen up by 21pct at INR 6507 crore
www.moneycontrol.com

Hindalco Q4 revenues seen up by 21pct at INR 6507 crore

Edited by : AL CIRCLE
1 min read
Money Control reported that Hindalco Industries is likely to post good growth in top line and EBITDA on QoQ basis.

According to CNBC TV18 estimates, company is expected report 13% de growth in Q4 standalone profit after tax of INR 578 crore as against INR 664 crore in a year ago period.

January to March quarter FY2010 PAT of INR 664 crore included tax adjustment amounting to INR 113 crore. If we remove the same, the PAT would be INR 551 crore.

Revenues are seen going up by 21% at INR 6,507 crore from INR 5,358 crore in same quarter the previous year. Earnings before interest, tax, depreciation and amortization is likely to go up by 10% at INR 916 crore from INR 835 crore. However, EBITDA margin is seen growing at 14% as against 16%.

On QoQ basis, revenues are expected to grow by 10%, EBITDA by 24% and profit after tax by 26%. Even EBITDA margin is seen improving at 14% versus 12% in a year ago period.

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