Hindalco dips 1.5% on Rs 709 crore loss in June quarter

At 2:24 pm, the stock was trading 0.5 per cent lower at Rs 182.6 on the BSE, as against 593 points, or 1.56 per cent, dip in the S&P BSE Sensex

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The pre-tax loss, but after exceptional loss of Rs 419 crore, stood at Rs 600 crore

SI Reporter New Delhi

2 min read Last Updated : Aug 14 2020 | 2:29 PM IST

Shares of Hindalco Industries slipped 1.5 per cent to Rs 180.65 on the BSE on Friday aftet the company reported its June quarter result.The company reported loss of Rs 709 crore in the recently concluded quarter, as against a profit of Rs 1,063 crore in the year-ago period. Sequentially, the profit was Rs 668 crore in the March quarter of FY20. That apart, its revenue from operations skid from Rs 29,972 crore in Q1FY20 to Rs 25,283 crore in the June quarter of this fiscal. EBITDA came in at Rs 2,359 crore, down from Rs 3,769 crore reported in the

Topics : Buzzing stocks Hindalco Industries Markets

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