Hindalco Industries Limited (NSE: HINDALCO)

Hindalco Industries Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	2,199,840	2,159,620	2,232,020	1,950,590	1,320,080	1,181,440
Revenue Growth (YoY)	0.83%	-3.24%	14.43%	47.76%	11.73%	-9.50%
Cost of Revenue	1,488,980	1,483,320	1,581,160	1,288,310	851,080	779,660
Gross Profit	710,860	676,300	650,860	662,280	469,000	401,780
Selling, General & Admin	151,260	147,780	130,630	120,230	107,820	88,320
Other Operating Expenses	294,430	281,870	286,590	253,880	183,360	163,250
Operating Expenses	522,220	505,100	488,190	441,500	357,150	302,480
Operating Income	188,640	171,200	162,670	220,780	111,850	99,300
Interest Expense	-36,440	-37,770	-36,020	-32,210	-35,600	-34,610
Interest & Investment Income	8,200	8,200	5,930	2,570	2,060	3,240
Earnings From Equity Investments	20	20	90	60	50	40
Currency Exchange Gain (Loss)	-1,380	-1,380	-2,190	-260	580	-1,170
Other Non Operating Income (Expenses)	2,350	2,020	1,990	880	1,480	1,410
EBT Excluding Unusual Items	161,390	142,290	132,470	191,820	80,420	68,210
Merger & Restructuring Charges	-	-	-	450	-1,310	-6,640
Gain (Loss) on Sale of Investments	2,510	2,510	2,020	3,590	5,430	4,340
Gain (Loss) on Sale of Assets	-850	-850	-410	-1,000	-380	-100
Asset Writedown	-4,210	-3,600	-2,080	-1,550	-1,380	-440
Other Unusual Items	-3,410	-230	410	2,430	-3,730	-6,130
Pretax Income	155,430	140,120	132,410	195,740	79,050	59,240
Income Tax Expense	47,680	38,570	31,440	53,730	27,230	21,570
Earnings From Continuing Operations	107,750	101,550	100,970	142,010	51,820	37,670
Earnings From Discontinued Operations	-	-	-	-4,710	-16,990	-
Net Income to Company	107,750	101,550	100,970	137,300	34,830	37,670
Net Income	107,750	101,550	100,970	137,300	34,830	37,670
Net Income to Common	107,750	101,550	100,970	137,300	34,830	37,670
Net Income Growth	27.79%	0.57%	-26.46%	294.20%	-7.54%	-31.46%
Shares Outstanding (Basic)	2,222	2,222	2,223	2,224	2,224	2,224
Shares Outstanding (Diluted)	2,225	2,224	2,226	2,227	2,225	2,225
Shares Change (YoY)	-0.03%	-0.06%	-0.06%	0.07%	0.02%	-0.17%
EPS (Basic)	48.50	45.71	45.42	61.73	15.66	16.94
EPS (Diluted)	48.43	45.65	45.36	61.66	15.66	16.93
EPS Growth	27.83%	0.64%	-26.43%	293.83%	-7.53%	-31.35%
Free Cash Flow	-	83,280	94,710	114,120	116,670	58,280
Free Cash Flow Per Share	-	37.44	42.55	51.24	52.43	26.19
Dividend Per Share	-	3.500	3.000	4.000	3.000	1.000
Dividend Growth	-	16.67%	-25.00%	33.33%	200.00%	-16.67%
Gross Margin	32.31%	31.32%	29.16%	33.95%	35.53%	34.01%
Operating Margin	8.58%	7.93%	7.29%	11.32%	8.47%	8.40%
Profit Margin	4.90%	4.70%	4.52%	7.04%	2.64%	3.19%
Free Cash Flow Margin	-	3.86%	4.24%	5.85%	8.84%	4.93%
EBITDA	260,198	241,900	229,940	284,620	174,510	147,600
EBITDA Margin	11.83%	11.20%	10.30%	14.59%	13.22%	12.49%
D&A For EBITDA	71,558	70,700	67,270	63,840	62,660	48,300
EBIT	188,640	171,200	162,670	220,780	111,850	99,300
EBIT Margin	8.58%	7.93%	7.29%	11.32%	8.47%	8.40%
Effective Tax Rate	30.68%	27.53%	23.74%	27.45%	34.45%	36.41%
Revenue as Reported	2,215,130	2,174,580	2,244,590	1,961,950	1,332,070	1,193,300

Source: S&P Capital IQ. Standard template. Financial Sources.