Q1 Results: Hindalco’s Profit Slips 77%\, Misses Estimates

Q1 Results: Hindalco’s Profit Slips 77%, Misses Estimates
A porter walks past a shop that stocks products of Hindalco Industries Ltd., in Delhi. (Photographer: Amit Bhargava/Bloomberg News)

Q1 Results: Hindalco’s Profit Slips 77%, Misses Estimates

Hindalco Industries Ltd.’s profit slumped even as its operational performance surpassed estimates, buoyed by its aluminium division.The company’s profit-after-tax fell 77 percent year-over-year to ...