Hindalco Reports 59 Percent Profit Jump
Hindalco Industries reported a 59 percent jump in second-quarter net profit to 75.32 billion rupees. The strong performance was driven by higher aluminium and copper prices alongside increased production and solid revenue growth.
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Hindalco Industries posted a 59% jump in consolidated net profit to 75.32 billion rupees ($799.96 million) for the quarter ended September 30, driven by firmer metal prices. The Aditya Birla Group-owned producer benefited from strong aluminum and copper markets during the period. The results highlight robust demand from clean energy and infrastructure sectors globally.
