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17	17	Hindalco has been accorded Star Trading House status in India. Its aluminium is accepted for delivery under the High-Grade Aluminium Contract on the London Metal Exchange (LME), while its copper quality is also registered on the LME with Grade A accreditation.
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	20	+[[image:HINDALCO.jpg]]
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19	19	= Business Overview =
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21	21	An industry leader in aluminium and copper, Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is one of the world’s largest custom smelters at a single location.{{footnote}}http://www.hindalco.com/our-businesses{{/footnote}}
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124	124	Hindalco operates 51 units in 13 countries and includes a workforce of 35,000 representing 15 different nationalities.{{footnote}}http://www.hindalco.com/operations{{/footnote}}
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126		-== Operations in India ==
	130	+== Operations in India ==
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128	128	In India, Hindalco commissioned the Renukoot plant in Uttar Pradesh in 1962. The facility operates across the aluminium value chain from bauxite mining, alumina refining, aluminium smelting to downstream rolling and extrusions. The integrated facility houses a 700,000 tpa alumina refinery and a 345,000 tpa aluminium smelter along with facilities for production of semi-fabricated products namely conductor redraw rods, sheet and extrusions.
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206	206	* The Muri Alumina refinery re-started production in December 2019.
207	207	* Hindalco won the “Silver Shield” for Excellence in Financial Reporting for FY2018-19 awarded by The Institute of Chartered Accountants of India (ICAI).
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	214	+= Recent Developments =
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	216	+**Hindalco Consolidated December 2020 Net Sales at Rs 34,958.00 crore, up 19.73% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/hindalco-consolidated-december-2020-net-sales-at-rs-34958-00-crore-up-19-73-y-o-y-6487671.html{{/footnote}}
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	218	+**January 10, 2021**; Reported Consolidated quarterly numbers for Hindalco Industries are:
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	220	+* Net Sales at Rs 34,958.00 crore in December 2020 up 19.73% from Rs. 29,197.00 crore in December 2019.
	221	+* Quarterly Net Profit at Rs. 1,877.00 crore in December 2020 up 76.91% from Rs. 1,061.00 crore in December 2019.
	222	+* EBITDA stands at Rs. 5,521.00 crore in December 2020 up 50.81% from Rs. 3,661.00 crore in December 2019.
	223	+* Hindalco EPS has increased to Rs. 8.44 in December 2020 from Rs. 4.77 in December 2019.
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209	209	= References =
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211	211	{{putFootnotes/}}