Metals Producer Posts 77% Profit Drop as Weak Prices Hurt Margins

Aug 09 2019, 2:14 PMAug 09 2019, 2:34 PMAugust 09 2019, 2:14 PMAugust 09 2019, 2:34 PM

(Bloomberg) -- India’s Hindalco Industries Ltd. reported a 77% drop in quarterly profit as softer metals prices and higher costs hurt margins.