 "Hindalco Q4 profit falls 36% to Rs 160 cr")
The Aditya Birla Group flagship had posted net profit of Rs 248 crore in the January-March period of the previous fiscal, 2013-14, it said in a BSE filing.
Standalone net sales of Hindalco rose by 10 per cent to Rs 9,219 crore in the January-March quarter, from Rs 8,360 crore in the same quarter of 2013-14, it added.
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Expenses rose to Rs 8,761 as against Rs 7,835 crore during the year-ago period.
Hindalco said: "Net profit after tax at Rs 160 crore in lower mainly on account of an exceptional item of Rs 146 crore liability provided towards RPO."
On a quarter-on-quarter basis, net sales rose by 9 per cent helped by higher aluminium and copper sales volume, it added.
For the entire 2014-15 fiscal, Hindalco's standalone net profit fell by 35 per cent to Rs 925 crore from Rs 1,413 crore in 2013-14. Net sales for the fiscal rose by 24 per cent to Rs 34,094 crore, as against Rs 27,573 crore.
In a separate filing, Hindalco Industries said its Board has recommended a dividend payment of Re 1 per share for the 2014-15 fiscal.
Hindalco stock closed 1.57 per cent down at Rs 132 per share on the BSE.