Net sales of the Aditya Birla Group company stood flat at Rs 9,562 crore in the period under review
Thus far in 2016, the stock outperformed the market by surging 102%, as compared to 5% rise in Sensex.
Thus far in 2016, the stock soared 79% from Rs 85 to Rs 152, as compared to 8% rise in the S&P BSE Sensex.
In past one-month, the stock surged 43% as compared to 14% rise in Metal index and 6% gain in Sensex.
The company reported a standalone net profit of Rs 356 crore in Q4FY16, against Rs 160 crore in a year ago quarter.
Net sales slip 7.3% as realisations drop on lower metal prices and declining premiums