Hindalco Industries has reported results for second quarter ended September 30, 2016.
The company has reported over three-fold jump in its net profit at Rs 439.74 crore for the quarter under review as compared to Rs 123.46 crore for the same quarter in the previous year. However, total income of the company decreased by 1.22% at Rs 9898.30 crore for the quarter under review as compared Rs 10020.94 crore for the corresponding quarter previous year.
Hindalco Industries 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.
