<p>Hindalco Industries Ltd on Friday reported 35.4 per cent decline in consolidated profit after tax at Rs 2,205 crore for the quarter ended September mainly due to elevated input costs.</p>.<p>The company, part of the Aditya Birla Group, had posted a consolidated profit after tax of Rs 3,417 crore in the year-ago period, Hindalco Industries said in a filing to BSE.</p>.<p>However, the consolidated revenue from operations in the second quarter of the current fiscal increased to Rs 56,176 crore from Rs 47,665 crore in the year-ago period.</p>.<p>"Hindalco Industries... reported consolidated revenue of Rs 56,176 crore in Q2 FY23, an increase of 18 per cent Y-o-Y, driven by higher volumes and better realisations," the company said in a statement.</p>.<p>The company reported an EBITDA of Rs 5,743 crore in the second quarter, down 29 per cent compared to the year-ago period, impacted by rising input costs and unfavourable macros. This was partially offset by better operational performance of copper and downstream businesses.</p>.<p>EBITDA refers to Earnings Before Interest, Taxes, Depreciation and Amortisation.</p>.<p>The company's Managing Director Satish Pai said that over the years, it has transitioned to a resilient and integrated business model which supports performance and profitability even when times are challenging.</p>.<p>Despite a surge in input costs, the company produced the highest-ever aluminium metal volumes.</p>.<p>While the upstream aluminium business EBITDA was impacted due to elevated raw material and energy costs, the company's aluminium downstream business performed well with EBITDA more than doubling Y-o-Y due to better pricing and market demand.</p>.<p>The copper business outperformed, reporting its highest ever metal and copper rod sales, Pai said.</p>
<p>Hindalco Industries Ltd on Friday reported 35.4 per cent decline in consolidated profit after tax at Rs 2,205 crore for the quarter ended September mainly due to elevated input costs.</p>.<p>The company, part of the Aditya Birla Group, had posted a consolidated profit after tax of Rs 3,417 crore in the year-ago period, Hindalco Industries said in a filing to BSE.</p>.<p>However, the consolidated revenue from operations in the second quarter of the current fiscal increased to Rs 56,176 crore from Rs 47,665 crore in the year-ago period.</p>.<p>"Hindalco Industries... reported consolidated revenue of Rs 56,176 crore in Q2 FY23, an increase of 18 per cent Y-o-Y, driven by higher volumes and better realisations," the company said in a statement.</p>.<p>The company reported an EBITDA of Rs 5,743 crore in the second quarter, down 29 per cent compared to the year-ago period, impacted by rising input costs and unfavourable macros. This was partially offset by better operational performance of copper and downstream businesses.</p>.<p>EBITDA refers to Earnings Before Interest, Taxes, Depreciation and Amortisation.</p>.<p>The company's Managing Director Satish Pai said that over the years, it has transitioned to a resilient and integrated business model which supports performance and profitability even when times are challenging.</p>.<p>Despite a surge in input costs, the company produced the highest-ever aluminium metal volumes.</p>.<p>While the upstream aluminium business EBITDA was impacted due to elevated raw material and energy costs, the company's aluminium downstream business performed well with EBITDA more than doubling Y-o-Y due to better pricing and market demand.</p>.<p>The copper business outperformed, reporting its highest ever metal and copper rod sales, Pai said.</p>