Hindalco's net profit declines 27% in June quarter
Updated : August 09, 2019 01:56 PM IST
Hindalco Industries consolidated net profit declined 27.8 percent year-on-year (YoY) to Rs 1,063 crore as against Rs 1,475 crore in the corresponding quarter last year.
Revenue from operations fell 3.55 percent YoY to Rs 29,972 crore compared to Rs 31,078 crore last year.
Intraday, Hindalco's shares fell 0.99 percent to day's low at Rs 179.20 per share on the NSE.Â
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more