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Hindalco Industries reports 2% fall in Q1 net profit

11 Aug 2017 Evaluate

Hindalco Industries has reported results for first quarter ended June 30, 2017.

The company has reported a fall of 1.55% in its net profit at Rs 289.51 crore for the quarter under review as compared to Rs 294.07 crore for the same quarter in the previous year. However, total income of the company increased by 27.16% at Rs 10663.37 crore for Q1FY18 as compared Rs 8385.55 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.

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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