Hindalco Industries Ltd.

BSE: 500440 | NSE: HINDALCO
Large Cap | Metal - Non Ferrous
934.70
-20.70 (-2.17%)
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Hindalco Industries reports 67% fall in Q1 net profit

Date: 14-08-2015

Hindalco Industries has reported results for first quarter ended June 30, 2015.

The company has reported 67.27% fall in its net profit at Rs 107.19 crore for the quarter ended June 30, 2015 as compared to Rs 327.50 crore for the same quarter in the previous year. However, the company’s total income has increased by 6.79% to Rs 8769.69 crore for the quarter under review from Rs 8212.44 crore for the corresponding quarter of the previous year.

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.