ICICI Securities Ltd | Retail Equity Research Hindalco reported a good set of Q1FY17 numbers wherein EBITDA and PAT came in higher than our estimate. Aluminium operations led the beat while copper operations volume came in lower than estimate. Lower cost of raw materials, especially energy inputs aided margin expansion during the quarter The topline came in lower than our estimate on the back of lowerthan-expected copper volumes. Revenues came in at | 7597.3 crore (down 11.4% YoY), below our estimate of | 8370.4 crore. Revenues...