February 2, 2018 / 8:11 AM / a year ago

Hindalco Industries Q3 profit jumps 17.7 percent

FILE PHOTO: A worker checks aluminium utensils inside a factory on the outskirts of Agartala, capital of Tripura October 12, 2012. I REUTERS/Jayanta Dey/File Photo

(Reuters) - India’s top aluminium producer Hindalco Industries Ltd reported a 17.7 percent rise in quarterly profit on Friday, helped by higher metal prices.

Profit rose to 3.77 billion rupees ($59.11 million) in the third quarter ended Dec. 31, from 3.21 billion rupees a year earlier. bit.ly/2BNEJRa

Revenue from operations for the company, which also manufactures copper products and fertilisers, rose 11 percent to 110.23 billion rupees.

($1 = 63.7800 rupees)

Reporting by Krishna V Kurup in Bengaluru; Editing by Sherry Jacob-Phillips

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