Hindalco Industries' profit misses estimates as costs jump. Hindalco net sales rose 18% to Rs 11022.82 crore in Q3FY'18 compared to corresponding previous year period while net profit of the company rose 17% to Rs 375.54 crore. Operating margins of the company fell 80 bps to 11.9% leading to 11% rise in operating profits to Rs 1311.73 crore. Cost of material consumed as a percentage of net sales (net of stock adjustment) rose 160 bps to 60% while employee benefit expenses fell 10 bps to 4.3%. Power...