Author: Faizan Khan
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India: Hindalco’s profits rise two-fold, y-o-y, in Q4FY’22
Hindustan Aluminium Corporation Ltd (HINDALCO) has recorded highest ever profit after tax of INR 3,851 crore in Q4 FY’22, up 100% compared to the year-ago period. The EBITDA of the Aluminium India Business was recorded at INR 13,025 crore, up 139% y-o-y, primarily due to favourable macros, higher volumes, better operational efficiencies and improved performance…