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Hindalco Industries reports 34% fall in Q3 net profit

12 Feb 2019 Evaluate

Hindalco Industries has reported results for third quarter ended December 31, 2018.

The company has reported 34.39% fall in its net profit at Rs 247.46 crore for the quarter under review as compared to Rs 377.14 crore for the same quarter in the previous year. However, total income of the company increased by 7.79% at Rs 12210.39 crore for Q3FY19 as compared Rs 11327.43 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 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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