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Hindalco Industries Q3 profit jumps 17.7 pct

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Reuters
Last Updated : Feb 02 2018 | 1:45 PM IST

(Reuters) - India's top aluminium producer Hindalco Industries Ltd reported a 17.7 percent rise in quarterly profit on Friday, helped by higher metal prices.

Profit rose to 3.77 billion rupees ($59.11 million) in the third quarter ended Dec. 31, from 3.21 billion rupees a year earlier. https://bsmedia.business-standard.combit.ly/2BNEJRa

Revenue from operations for the company, which also manufactures copper products and fertilisers, rose 11 percent to 110.23 billion rupees.

($1 = 63.7800 Indian rupees)

(Reporting by Krishna V Kurup in Bengaluru; Editing by Sherry Jacob-Phillips)

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First Published: Feb 02 2018 | 1:39 PM IST

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