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Friday, June 20, 2008

Hindalco Q4 net profit at Rs 721 cr




Aditya Birla Group company Hindalco on Friday reported a net profit of
Rs 1,077 crore for the fourth quarter ended March 31, 2008, a rise of
49.3 per cent over the corresponding period previous year.

The company had registered a net profit of Rs 721.3 crore in the
fourth quarter of 2006-2007, according to data available on the
company's website.

It clocked a net sales of Rs 5,010.2 crore for the fourth quarter of
the last fiscal, up by 5.5 per cent over the same period last fiscal.

Hindalco had achieved net sales of Rs 4,748.9 crore in the
corresponding quarter of the previous year.

For the fiscal 2007-08, the company clocked a net profit of Rs 2,860.9
crore, a 11.56 per cent increase over the previous fiscal. It had
recorded a net profit of Rs 2,564.3 crore last year.

The net sales for the entire year stood at Rs 19,201 crore, against Rs
18,313 crore last year, up by 4.8 per cent.

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