Aditya Birla Group's metals flagship Hindalco's consolidated net profit for the March quarter (Q4FY21) nearly tripled to Rs 1,928 crore over the last year, mainly on account of strong performance by Novelis and India Aluminium Business, supported by higher volumes and better product mix. It was Rs 668 crore in the corresponding quarter of the pervious year (Q4FY20).
Sequentially, the profit rose 3 per cent from Rs 1,877 crore in the December quarter (Q3FY21). The India business Profit After Tax (PAT) came in at Rs 653 crore, up 72 per cent YoY and 32 per cent sequentially.
Revenue from operations