Hindalco Industries has reported results for third quarter ended December 31, 2015.
The company has reported 88.74% fall in its net profit at Rs 40.46 crore for the quarter ended December 31, 2015 as compared to Rs 359.36 crore for the same quarter in the previous year. The company’s total income has decreased by 4.71% to Rs 8400.38 crore for the quarter under review from Rs 8815.51 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.
Company Name | CMP |
---|---|
Hindalco | 645.80 |
Vedanta | 433.15 |
Hindustan Zinc | 560.05 |
Gravita India | 950.00 |
Ram Ratna Wires | 384.40 |
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