Hindalco Industries Q3 reported a 21.60% decline in its net profit of Rs 427.1 crore

2010 January 27

Hindalco Industries Q3 reported a 21.60% decline in its net profit of Rs 427.1 crore as against Rs 544.8 crore; net sales jumped 29.55% to Rs 5,286.1 crore from Rs 4,080.2 crore

Aditya Birla Group company, Hindalco Industries has announced its third quarter results of FY10. It has reported a 21.60% decline in its net profit of Rs 427.1 crore as against Rs 544.8 crore, on year-on-year basis (YoY).

Net sales jumped 29.55% to Rs 5,286.1 crore from Rs 4,080.2 crore (YoY).

The share closed at Rs 159.10, down Rs 2.35, or 1.46%. The market cap stood at Rs 30,442.72 crore at current market price

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