 "Hindalco")
Aluminium major Hindalco Industries on Thursday reported 96% jump in consolidated net profit at Rs 3,675 crore for the quarter ending December 31, 2021. It reported net profit of Rs 1,877 crore in Q3FY21.
Consolidated revenue from operations rose 44% to Rs 50,272 crore from Rs 34,958 crore in the year-ago period.
At 1420 hours on Thursday, the company's scrip on BSE was trading 0.5% higher at Rs 545.10.
The results were driven by positive macros and focus on downstream value-added products along with better operating efficiencies.
The company said that it reported its highest net profit in Q3FY22, surpassing
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