HINDALCO INDUSTRIES LTD

CURRENT PRICE: 155.10

Net profit of Hindalco Industries rose 381.29% to Rs 294.07 crore in the quarter ended June 2016 as against Rs 61.10 crore during the previous quarter ended June 2015.

Sales declined 11.93% to Rs 7501.39 crore in the quarter ended June 2016 as against Rs 8517.29 crore during the previous quarter ended June 2015.

                    Jun 2016      Jun 2015   Var%

Sales	7501.39	8517.29	-12
OPM %	16.42	10.72	-
PBDT	751.15	400.44	88
PBT	412.94	69.72	492
NP	294.07	61.10	381

Also Hindalco Industries Ltd. generate free cash flow first time in last 10 year.

Despite 30% fall in metal price over 18 months, margin are higher.

Also the Government are thinking imposed a Minium Import Price (MIP) on Aluminium Product.

The Current situation is favourable for Hindalco.

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