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Hindalco Industries reports 78% fall in Q2 net profit

13 Nov 2014 Evaluate

Hindalco Industries has reported results for second quarter ended September 30, 2014.

The company has registered 77.94% fall in its net profit at Rs 78.77 crore for the quarter under review as compared to Rs 357.11 crore for the same quarter in the previous year. However, total income of the company has increased 33.30% at Rs 8777.66 crore for Q2FY15 as compared Rs 6584.67 crore for the corresponding quarter previous year.

Hindalco Industries, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.

Hindalco Share Price

1038.95 -0.70 (-0.07%)
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