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Hindalco Industries reports 12% rise in Q1 net profit

13 Aug 2013 Evaluate

Hindalco Industries has reported results for first quarter ended June 30, 2013. 

The company has reported 11.61% rise in its net profit at Rs 474.09 crore for the quarter as compared to Rs 424.77 crore for the same quarter in the previous year. However, total income from operations of the company has decreased marginally by 3.15% at Rs 5837.93 crore for quarter under review as compared to Rs 6027.94 crore for the quarter ended June 30, 2012.

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 973.20
Vedanta 256.00
Hindustan Zinc 568.45
Jain Resource Recycl 274.70
CMR Green Tech 212.30
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