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Article: India: Hindalco Industries Limited Q2 FY 2008-2009 Results.
- Article from:
- TendersInfo
- Article date:
- November 1, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: deepak03
Hindalco Industries Ltd., the flagship company of the Aditya Birla Group, today announced its unaudited financial results for the quarter ended 30 September 2008.
Net sales and revenues have grown by 14% to Rs. 5,683.2 crores as compared to Rs. 4,966.9 crores for the corresponding period in FY 08. Despite the unrelenting input cost push that squeezed margins, the net profit for the quarter at Rs. 720 crores is up by 12%, vis-a-vis Rs. 642.6 crores in the corresponding period of the previous year.
Of the total revenue of Rs. 5,683.2 crores, the aluminium business contributed Rs. 2,120.5 crores as compared to Rs. 1,792.2 crores in ...