Hindalco Industries' Stellar Q3 Profits Surge 60%

Hindalco Industries, part of the Aditya Birla Group, posted a 60% increase in net profit for the December quarter, reaching Rs 3,735 crore. This surge was driven by higher income, despite rising expenses. The company also announced the appointment of Bharat Goenka as CFO, effective April 2025.

Aditya Birla Group's Hindalco Industries reports a remarkable 60% rise in consolidated net profit for the December quarter, totaling Rs 3,735 crore. This significant increase was fueled by higher income despite a rise in expenses.

Hindalco's total income reached Rs 58,899 crore, up from Rs 53,088 crore in the same period last year. Expenses also increased to Rs 53,563 crore from Rs 49,761 crore the previous year.

The company announced Bharat Goenka as the new CFO starting April 2025, following the closure of negotiations to acquire Home Build Tec's fabrication facility, which did not materialize.