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Hindalco Gains Over 5% After Net Profit Surged 90% In December Quarter Hindalco Share Price: Hindalco Industries, an Aditya Birla Group company, posted a net profit of ₹2,021 crore in the third quarter of the current fiscal, driven by strong domestic business Updated: February 11, 2021 3:07 pm IST Hindalco Share Price: Shares of Hindalco Industries traded 5.26 per cent higher at Rs 294.05 on the BSE. Hindalco Share Price: Shares of aluminium major Hindalco Industries rose 5.26 per cent to Rs 294.05 on the BSE a day after it reported December quarter earnings of the current financial year. The Aditya Birla Group company posted a net profit of ₹ 2,021 crore in the third quarter of the current fiscal, compared to ₹ 1,785 crore in the year-ago period, driven by strong domestic business and operational efficiencies. Hindalco s revenue from operations stood at ₹ 34,958 crore in the October-December quarter. According to the company s regulatory filin ....
Hindalco s Q3 net profit jumped 90 per cent to Rs 2,021 crore Hindalco Industries Q3 Results: Aditya Birla group company Hindalco Industries posted a net profit of Rs 2,021 crore in the third quarter of the current financial year compared to Rs 1,785 crore in the year-ago period, driven by strong domestic business and operational efficiencies. The company s revenue from operations stood at Rs 34,958 crore in the October-December quarter. According to the company s regulatory filing to the BSE, the company witnessed a profit of Rs 495 crore in domestic business, up 90 per cent year-on-year. The consolidated business earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 5,242 crore, up 40 per cent year-on-year, according to Hindalco s statement. ....