Hindalco Industries Ltd on Wednesday reported a 37 per cent fall in its consolidated net profit to Rs 2,411 crore for the March quarter.
The company had posted a net profit of Rs 3,860 crore during the January-March quarter of 2021-22, the company said in a regulatory filing.
Total income of the company was Rs 56,209 crore in the quarter under review against Rs 56,057 crore in the year-ago quarter.
The expenses were at Rs 53,372 crore, higher than Rs 51,026 crore a year ago.
Aditya Birla Group company Hindalco Industries is the world’s largest aluminium company by revenue, and a major player in copper serving more than half of India’s copper requirement.
Hindalco shares were trading 0.85 per cent down at Rs 406.70 on BSE in the pre-close session.
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