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Hindalco Industries Q3 profit jumps 17.7 percent

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Reuters

(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. http://bit.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 rupees)

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

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 02 2018 | 1:40 PM IST

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