financetom
Business
financetom
/
Business
/
India's Hindalco beats Q2 profit view on higher aluminium prices
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India's Hindalco beats Q2 profit view on higher aluminium prices
Nov 11, 2024 6:18 AM

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)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump announces $14.5 billion Etihad commitment with Boeing, GE
Trump announces $14.5 billion Etihad commitment with Boeing, GE
May 26, 2025
May 15 (Reuters) - President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing ( BA ), GE Aerospace and Etihad Airways, the White House said. The White House said Boeing ( BA ) and GE had received a commitment from Etihad Airways...
Google hits 150 million users for subscription service with help of AI
Google hits 150 million users for subscription service with help of AI
May 26, 2025
SAN FRANCISCO (Reuters) -Alphabet's Google One subscription service, which charges consumers for cloud storage and artificial intelligence features, recently crossed 150 million subscribers, the company told Reuters. That represents a 50% increase since February 2024, when Google One crossed 100 million subscriptions nearly six years after the service launched. The same month, Google introduced a $19.99 a month plan with...
Cdw Insider Sold Shares Worth $5,375,581, According to a Recent SEC Filing
Cdw Insider Sold Shares Worth $5,375,581, According to a Recent SEC Filing
May 26, 2025
05:46 PM EDT, 05/15/2025 (MT Newswires) -- Frederick J. Kulevich, Chief Legal Officer, Executive Vice President, Risk and Compliance, and Corporate Secretary, on May 13, 2025, sold 28,159 shares in Cdw (CDW) for $5,375,581. Following the Form 4 filing with the SEC, Kulevich has control over a total of 36,077 common shares of the company, with 36,077 shares held directly....
Robinhood Markets Insider Sold Shares Worth $6,500,599, According to a Recent SEC Filing
Robinhood Markets Insider Sold Shares Worth $6,500,599, According to a Recent SEC Filing
May 26, 2025
05:47 PM EDT, 05/15/2025 (MT Newswires) -- Baiju Bhatt, Director, on May 13, 2025, sold 107,608 shares in Robinhood Markets ( HOOD ) for $6,500,599. Following the Form 4 filing with the SEC, Bhatt has control over a total of 7,863 Class A common shares of the company, with 7,863 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1783879/000178387925000159/xslF345X05/wk-form4_1747345314.xml ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved