India's Hindalco Industries Q1 profit climbs 43 pct, but lags estimates

By Reuters / August 11, 2018 / in.investing.com / Article Link

Aug 10 (Reuters) - Aluminium producer Hindalco Industries Ltd HALC.NS posted a 43 percent jump in first-quarter profit on Friday, but missed analysts' estimates.

Profit was 4.14 billion rupees ($60.07 million) in the three months through June 30, compared with 2.90 billion rupees a year earlier, the company said in a statement https://www.nseindia.com/corporate/NSERESULTS_10082018140537.zip.

Analysts on average had expected a profit of 4.21 billion rupees, Thomson Reuters I/B/E/S data showed.

Revenue from operations of the company, which also manufactures copper products and fertilisers, inched up 1.7 percent to 105.93 billion rupees. ($1 = 68.9200 Indian rupees)

Recent News

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com

Global Mining M&A sees moderate gain in 2024

March 31, 2025 / www.canadianminingreport.com

TSX/TSXV mining could continue to see strong equity capital raising 2025

March 24, 2025 / www.canadianminingreport.com

Gold stocks continue to outperform in move into defensives

March 24, 2025 / www.canadianminingreport.com

Gold stocks reach new highs

March 17, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok