Nov 11 (Reuters) - India's Hindalco Industries
, one of the country's largest aluminium and copper
producers, posted a higher-than-expected second-quarter profit
on Monday, helped by higher aluminium prices.
The company, owned by the Aditya Birla Group, said its
consolidated net profit jumped 78% to 39.09 billion rupees
($463.3 million) for the three months ended Sept. 30, beating
estimates.
Analysts, on average, had expected a profit of 34.46 billion
rupees, according to data compiled by LSEG.
($1 = 84.3700 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Sumana
Nandy and Abinaya Vijayaraghavan)