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VERIFIEDET Markets·positive
Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar
AI Summary
- ·Hindalco Industries reported a record profit of Rs 7,013 crore for the June quarter.
- ·The profit surge was primarily driven by a nearly 50% increase in aluminum prices.
- ·The company plans to focus on executing projects like refineries, smelters, and recycling plants for future growth.