Hindalco Q1 net profit up 381% to ₹294.07 crore
Aluminum maker Hindalco, a subsidiary of the Aditya Birla Group, on Friday​ reported a 381% rise in net profit to ₹294.07 crore for the quarter ended June. However, the company's revenue decreased by 11.40% year-on-year to ₹7597.30 crore. The company said that the operational performance was supported by deflationary energy prices despite ​adverse macroeconomic conditions.