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Asia

Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar

Markets-Economic Times · 2h ago · 🇮🇳 India

Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar

Hindalco Industries achieved record-breaking profit and sales in the June quarter, largely due to a surge of nearly fifty percent in aluminum prices. Their US subsidiary, Novelis, played a key role in this financial success. Moving forward, Hindalco plans to focus on executing various projects, including refineries, smelters, and recycling plants, as part of their strategy for future growth.

Read the full story at Markets-Economic Times →

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