Hindalco Industries Q3 Profit Surges 71% to Rs 2,331 Crore
By Rediff Money Desk, NEWDELHI Feb 13, 2024 14:23
Hindalco Industries's consolidated net profit jumped 71.1% to Rs 2,331 crore in Q3 FY24, driven by strong performance in aluminium and copper segments.
New Delhi, Feb 13 (PTI) Aditya Birla Group's metal flagship Hindalco Industries on Tuesday reported 71.1 per cent rise in consolidated net profit at Rs 2,331 crore for the quarter ended December 31, 2023.
The company had posted a net profit of Rs 1,362 crore in October-December FY23, Hindalco Industries said in a filing to BSE.
Total income during the quarter under review dropped to Rs 52,808 crore from Rs 53,151 crore in the year-ago period.
Hindalco is the world's largest aluminium company by revenues and a major player in copper. It caters to more than half of the country's copper requirement.
The company had posted a net profit of Rs 1,362 crore in October-December FY23, Hindalco Industries said in a filing to BSE.
Total income during the quarter under review dropped to Rs 52,808 crore from Rs 53,151 crore in the year-ago period.
Hindalco is the world's largest aluminium company by revenues and a major player in copper. It caters to more than half of the country's copper requirement.
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