Hindalco's (HNDL) 2QFY18 standalone (S/A) EBITDA increased 20% YoY to INR13.9b (in line with our estimate), driven by margin expansion in both copper (Cu) and aluminum (AL) segments. Utkal Alumina's (100% subsidiary) EBITDA too increased by 18% to INR2b. Thus, total EBITDA of Indian (S/A+Utkal) increased 20% YoY to INR15.9b. There were EO items of INR1b toward mining, DMF, etc. Adj. PAT...