Hindalco Q1 results today: Here's what to expect

Metal major Hindalco will report its first quarter results later today and analysts expect the company to report healthy numbers during the reporting period.

Revenue from operations is seen growing 11% YoY, according to an average estimate of three brokerages. Profit will likely outgrow the topline as it may jump 39% YoY.

Here's what brokerages expect from Hindalco's Q1:

Motilal Oswal

Volumes are expected to be strong. Improved ASP to drive strong earnings growth in 1QFY25. The timeline for commissioning multiple capex is crucial. Novelis EBITDA/t guidance key to watch.

Also Read: Hindalco Q1 Results

Kotak Equities

We estimate India EBITDA at Rs 3820 crore with aluminum EBITDA of Rs 3210 crore, led primarily by higher prices and copper EBITDA of Rs 620 crore.

We estimate Novelis EBITDA of $503 million with EBITDA/ton of $525 factoring in seasonality and progress toward completion of channel destocking.

YES Securities

We expect revenues to increase by 4.5% QoQ to Rs 58510 crore primarily led by higher volumes and higher aluminium pricing effect. We expect Hindalco to report an EBITDA of Rs 7070 crore with EBITDA margins of 12.1% on a consolidated basis led by better realizations and stable cost structure.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)