Hindalco has reported a 9% growth in Net Sales and Operating Revenues at
Rs.4,677.9 crores and has maintained its Net Profit for the quarter at
Rs.602.9 crores. The detailed Press Release is attached.
Hindalco's results have to be factored in light of an adverse business
environment which included the LME fall, the rupee appreciation and lower
duties. That inspite of this Hindalco has posted a net profit is
commendable.
Rs.4,677.9 crores and has maintained its Net Profit for the quarter at
Rs.602.9 crores. The detailed Press Release is attached.
Hindalco's results have to be factored in light of an adverse business
environment which included the LME fall, the rupee appreciation and lower
duties. That inspite of this Hindalco has posted a net profit is
commendable.