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NSE May 22, 2025 11:50 AM
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Hindalco Industries Ltd.'s quarterly profit fell in-line with market' expectations from a decline in spot metal prices and lower sales volume due to prolonged rains. Hindalco consolidated net sales fell 9% to Rs 29657 crore in Q2FY'20 compared to corresponding previous year period. Operating margins of the company fell 30 bps to 12.2% leading to 10% decrease in operating profits to Rs 3631 crore. Other income rose 31% to Rs 287 crore. PBDIT decreased 8% to Rs 3918 crore. Interest cost fell 4% to Rs 922 crore in current quarters compared to Rs 962 core in the corresponding...
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