
Country's largest aluminum producer Hindalco Industries is going to announce its December quarter number. Its standalone profit after tax is expected to be flat at INR 459.4 crore in the October to December quarter of FY2012 as against INR 460.3 crore in a year ago quarter.
Net sales are seen going up by 6.8% to INR 6,319.6 crore from INR 5,917.9 crore YoY.
EBITDA is likely to fall 4.7% to INR 651.2 crore from INR 683.4 crore during the same period. EBITDA margin is expected to be falling at 10.3% in the Q3 of FY2012 versus 11.5% in the corresponding quarter of last fiscal.
On QoQ basis net sales are seen going up by 1.6% and EBITDA too is likely to go up 5.4%. EBITDA margin is too seen improving at 10.3% versus 9.9%. However, PAT is likely to fall 8.6%.
Hindalco Industries touched an intraday high of INR 158.55 and an intraday low of INR 148.75. At 09:30 hours the share was quoting at INR 151 down INR 9.85 or 6.12%. It was trading with volumes of 609,531 shares. In the previous trading session, the share closed up 4.92% or INR 7.55 at INR 160.85.
(Sourced from www.moneycontrol.com)










