Hindalco Q1 profit falls 10% on higher energy costs

May 09, 2012 | 06:26 AM |

Hindalco Industries has reported a 9.6% fall in net profit for the quarter ended March 31, 2012, on the back of higher energy costs, according to unaudited results published on Tuesday May 8. The company, part of the Aditya Birla Group, recorded net profit of Rs6.4 billion ($119.3 million) in the quarter, compared with....

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