Integrated Filing — IndAS

General information about company
Scrip Code	500440
NSE Symbol	HINDALCO
MSEI Symbol	NOTLISTED
ISIN	INE038A01020
Name of company	HINDALCO INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	28-Mar-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	20-May-2025   12:15:00
End date and time of board meeting	20-May-2025   14:05:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	648900000000	2384960000000
	Other income	7000000000	27080000000
	Total income	655900000000	2412040000000
2	Expenses
(a)	Cost of materials consumed	398420000000	1460800000000
(b)	Purchases of stock-in-trade	1010000000	11960000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-3430000000	-23270000000
(d)	Employee benefit expense	39300000000	154060000000
(e)	Finance costs	8740000000	34190000000
(f)	Depreciation, depletion and amortisation expense	21180000000	78810000000
(f)	Other Expenses
1	Power and Fuel	35720000000	143960000000
2	Impairment Loss/ (Reversal) of Non-Current Assets(Net)	7600000000	9830000000
3	Impairment Loss/ (Reversal) on Financial Assets (Net)	130000000	360000000
4	Other Expenses	81790000000	309210000000
	Total other expenses	125240000000	463360000000
	Total expenses	590460000000	2179910000000
3	Total profit before exceptional items and tax	65440000000	232130000000
4	Exceptional items	60000000	-8790000000
5	Total profit before tax	65500000000	223340000000
6	Tax expense
7	Current tax	15390000000	63540000000
8	Deferred tax	-2730000000	-190000000
9	Total tax expenses	12660000000	63350000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	52840000000	159990000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	30000000
16	Total profit (loss) for period	52840000000	160020000000
17	Other comprehensive income net of taxes	17760000000	23660000000
18	Total Comprehensive Income for the period	70600000000	183680000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	52830000000	160010000000
	Total profit or loss, attributable to non-controlling interests	10000000	10000000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	70590000000	183670000000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	10000000	10000000
21	Details of equity share capital
	Paid-up equity share capital	2220000000	2220000000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		1059240000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	23.8	72.05
	Diluted earnings (loss) per share from continuing operations	23.76	71.91
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	23.8	72.05
	Diluted earnings (loss) per share from continuing and discontinued operations	23.76	71.91
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	842370000000
	Capital work-in-progress	270230000000
	Investment property	450000000
	Goodwill	266830000000
	Other intangible assets	55910000000
	Intangible assets under development	3740000000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	1240000000
	Non-current financial assets
	Non-current investments	135020000000
	Trade receivables, non-current
	Loans, non-current	60000000
	Other non-current financial assets	12210000000
	Total non-current financial assets	147290000000
	Deferred tax assets (net)	16910000000
	Other non-current assets	35350000000
	Total non-current assets	1640320000000
2	Current assets
	Inventories	488010000000
	Current financial asset
	Current investments	105320000000
	Trade receivables, current	198340000000
	Cash and cash equivalents	98080000000
	Bank balance other than cash and cash equivalents	10380000000
	Loans, current	70000000
	Other current financial assets	67670000000
	Total current financial assets	479860000000
	Current tax assets (net)	1970000000
	Other current assets	49170000000
	Total current assets	1019010000000
3	Non-current assets classified as held for sale	580000000
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	2659910000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2220000000
	Other equity	1234870000000
	Total equity attributable to owners of parent	1237090000000
	Non controlling interest	120000000
	Total equity	1237210000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	562170000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	21540000000
	Total non-current financial liabilities	583710000000
	Provisions, non-current	62270000000
	Deferred tax liabilities (net)	104710000000
	Deferred government grants, Non-current
	Other non-current liabilities	16850000000
	Total non-current liabilities	767540000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	57140000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	2860000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	403460000000
	Total Trade payable	406320000000
	Other current financial liabilities	94150000000
	Total current financial liabilities	557610000000
	Other current liabilities	28010000000
	Provisions, current	34090000000
	Current tax liabilities (Net)	35450000000
	Deferred government grants, Current
	Total current liabilities	655160000000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1422700000000
	Total equity and liabilites	2659910000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Novelis	397030000000	1450680000000
2	Aluminium Upstream	103110000000	382680000000
3	Aluminium Downstream	35950000000	128190000000
4	Copper	145650000000	547030000000
	Total Segment Revenue	681740000000	2508580000000
	Less: Inter segment revenue	32840000000	32840000000
	Revenue from operations	648900000000	2384960000000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Novelis	41030000000	152420000000
2	Aluminium Upstream	48380000000	162620000000
3	Aluminium Downstream	2190000000	6330000000
4	Copper	6140000000	30250000000
	Total Profit before tax	97740000000	351620000000
	i. Finance cost	8740000000	8740000000
	ii. Other Unallocable Expenditure net off Unallocable income	23500000000	23500000000
	Profit before tax	65500000000	223370000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Novelis	1411400000000	1411400000000
2	Aluminium Upstream	463290000000	463290000000
3	Aluminium Downstream	125730000000	125730000000
4	Copper	223080000000	223080000000
	Total Segment Asset	2223500000000	2223500000000
	Un-allocable Assets	436410000000	436410000000
	Net Segment Asset	2659910000000	2659910000000
4	Segment Liabilities
	Segment Liabilities
1	Novelis	499530000000	499530000000
2	Aluminium Upstream	55870000000	55870000000
3	Aluminium Downstream	19180000000	19180000000
4	Copper	111300000000	111300000000
	Total Segment Liabilities	685880000000	685880000000
	Un-allocable Liabilities	736820000000	736820000000
	Net Segment Liabilities	1422700000000	1422700000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of Defined Benefit Obligation	230000000	260000000
2	Change in Fair Value of Equity Instruments Designated as FVTOCI	3260000000	9980000000
	Total Amount of items that will not be reclassified to profit and loss	3490000000	10240000000
2	Income tax relating to items that will not be reclassified to profit or loss	580000000	2810000000
3	Amount of items that will be reclassified to profit and loss
1	Change in Fair Value of Trade Receivables Designated as FVTOCI	200000000	-30000000
2	Change in Fair Value of Debt Instruments Designated as FVTOCI	60000000	190000000
3	Effective Portion of Cash Flow Hedges	14080000000	10320000000
4	Cost of Hedging Reserve	280000000	360000000
5	Foreign Currency Translation Reserve	4730000000	8560000000
	Total Amount of items that will be reclassified to profit and loss	19350000000	19400000000
4	Income tax relating to items that will be reclassified to profit or loss	4500000000	3170000000
5	Total Other comprehensive income	17760000000	23660000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			223340000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			34190000000
	Adjustments for decrease (increase) in inventories			-71940000000
	Adjustments for decrease (increase) in trade receivables, current			-31390000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-1840000000
	Adjustments for other financial assets, current			-3490000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			75080000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			1290000000
	Adjustments for increase (decrease) in other non-current liabilities			9080000000
	Adjustments for depreciation and amortisation expense			78810000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			12690000000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-320000000
	Adjustments for dividend income			380000000
	Adjustments for interest income			9710000000
	Adjustments for share-based payments			620000000
	Adjustments for fair value losses (gains)			-4030000000
	Adjustments for undistributed profits of associates			-30000000
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-13260000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			75430000000
	Net cash flows from (used in) operations			298770000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			54670000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			244100000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			72900000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			2450000000
	Purchase of property, plant and equipment			206490000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			3050000000
	Cash receipts from repayment of advances and loans made to other parties			21840000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			380000000
	Interest received			8190000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2190000000
	Net cash flows from (used in) investing activities	-247390000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			490000000
	Payments to acquire or redeem entity's shares			1530000000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			187280000000
	Repayments of borrowings			152210000000
	Payments of lease liabilities			3970000000
	Dividends paid			7780000000
	Interest paid			40440000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-18160000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-21450000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			1300000000
	Net increase (decrease) in cash and cash equivalents			-20150000000
	Cash and cash equivalents cash flow statement at beginning of period			118100000000
	Cash and cash equivalents cash flow statement at end of period			97950000000