Interim report
Page 1
■ ■ Key Highlights of Q1 FY22 All - time high Consolidated EBITDA at 6,790 crore , up 188 % YoY and 16 % QQ All - time high Consolidated PAT at 2,787 crore , up 493 % YoY and 45 % QOQ All - time high Novelis quarterly Adjusted EBITDA at $ 555 * million , up 119 % YoY and 10 % QoQ ■ ■ ■ ■ ■ ADITYA BIRLA HINDALCO Media Release HINDALCO REPORTS STELLAR CONSOLIDATED Q1 FY22 RESULTS Novelis and Aluminium India Business drive highest - ever quarterly net profits Novelis quarterly Adjusted EBITDA per ton at $ 570 * , up 75 % YoY and 11 % QOQ Novelis Net Income from continuing operations at $ 303 * million , up 597 % YoY and 1082 % QoQ All - time high quarterly India Business EBITDA at ₹ 2,513 crore , up 121 % YoY ; 32 % increase sequentially All - time high quarterly India Business PAT at ₹ 1,037 crore , up 1135 % YoY ; 59 % increase sequentially All - time high quarterly Aluminium India EBITDA at ₹ 2,352 crore , up 142 % YoY and 29 % QoQ ; EBITDA margins of 37.5 % , highest in last 13 years Consolidated Net Debt to EBITDA improved further to 2.36x as of June 30 , 2021 vs the peak of 3.83x as of June 30 , 2020 * As per US GAAP S & P Global Ratings raised its issuer credit rating on Novelis to ' BB ' from ' BB- ' Credit Rating upgraded by CRISIL from ' AA ' to ' AA + ' with ' Stable ' outlook for Hindalco bonds MUMBAI , August 06 , 2021 Hindalco Industries Limited , the Aditya Birla Group metals flagship , delivered stellar results in Q1 FY22 recording its highest - ever quarterly net profits . The Company's consolidated PAT was at 2,787 crore , which is a noteworthy increase of nearly 500 % YoY . The results were driven by a strong performance by Novelis and India Business , supported by favorable macros , strategic product mix , and stability in operations . Novelis reported an all - time high quarterly EBITDA , as a result of upswing in demand for innovative and sustainable aluminium products and an outstanding operational performance .