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Hindalco Industries reports 4% fall in Q3 net profit

08 Feb 2013 Evaluate

Hindalco Industries has reported results for third quarter ended December 31, 2012.

The company has reported 3.79% fall in its net profit at Rs 433.52 crore for the quarter as compared to Rs 450.69 crore for the same quarter in the previous year.   However, total income of the company has increased by 6.70% at Rs 7189.80 crore for quarter under review as compared to Rs 6738.56 crore for the quarter ended December 31, 2011.

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 893.50
Vedanta 226.00
Hindustan Zinc 492.50
Jain Resource Recycl 283.45
CMR Green Tech 197.95
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