 "Hindalco")
Hindalco Industries on Friday posted a consolidated loss of Rs 709 crore for the quarter ended June 2020.
The compmany had posted a profit after tax (PAT) of 1,063 crore in the April-June quarter a year ago.
It said that "Q1 consolidated PAT for continuing businesses before tax-effected exceptional and special items stood at Rs 139 crore".
The Aditya Birla Group firm in a statement said that "on account of certain special items, including charitable contributions towards Covid relief, ex-gratia paid to employees for their contribution during Covid, and Aleris acquisition costs, the reported PAT was impacted".
The company, as a consequence, reported a
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