New Document top_band
 
Business Standard

Hindalco Q3 net down marginally to Rs 450 cr

Read more on:    Hindalco | Bse | Net Sales | Net Profit
Related News

, Aditya Birla Group, corporate data, financial results, quarterly earnings

Aditya Birla Group flagship company Hindalco Industries today reported a little over 2% dip in for the third quarter of the current fiscal at Rs 450.69 crore due to increased cost of raw materials.

The company, an industry leader in aluminium and copper production, had clocked a net profit of Rs 460.34 crore in the same quarter last fiscal.

"The benefits of higher volume and realisation have been negated by the cost surge of over Rs 300 crore," it said in a statement.

of of the company, however, rose by 11% to Rs 6,647 crore over Rs 5,975 crore in the October-December quarter of the last fiscal.

Aluminium business contributed Rs 2,236.19 crore to the topline and the remaining Rs 4,418.15 crore by the copper business.

The company managed to have 29 crore more "other income" during the quarter than a year ago due to improved treasury yield, but higher interest and financing charges offset the benefit, it said.

Hindalco Industries incurred Rs 79.34 crore expenses on interest charges against Rs 51.60 crore a year ago.

Read more on:   
|
|
|

Read More

MphasiS Q1 net flat; revenues declines 8%

Bangalore-based IT Services company, MphasiS witnessed a marginal decline of 0.23 per cent in its net profit to Rs 184.40 crore for its first quarter ...

Quick Links

Results Calendar
Rss icon July 2014 Rss icon
Sun Mon Tue Wed Thu Fri Sat
12345
6789101112
13141516171819
20212223242526
2728293031
Results Tracker
Available for 476 companies
Quarter Jun 2014 Jun 2013 % chg
Sales 462,094.35 413,790.76 11.67
Op. Profit 169,705.18 149,561.68 13.47
Net Profit 50,037.04 44,310.27 12.92
Figures in Rs crore
Advertisement

Back to Top