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Hindalco Industries reports 31% growth in Q2 net profit

10 Nov 2015 Evaluate

Hindalco Industries has reported results for second quarter ended September 30, 2015.

The company has reported 31.10% rise in its net profit at Rs 103.27 crore for the quarter ended September 30, 2015 as compared to Rs 78.77 crore for the same quarter in the previous year. The company’s total income has increased by 6.43% to Rs 9342.14 crore for the quarter under review from Rs 8777.66 crore for the corresponding quarter of the 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.

Peers
Company Name CMP
Hindalco Industries 973.20
Vedanta 256.00
Hindustan Zinc 568.45
Jain Resource Recycl 274.70
CMR Green Tech 212.30
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