Edition:
India

Hindalco Industries Ltd (HALC.BO)

HALC.BO on Bombay Stock Exchange

229.00INR
23 May 2018
Change (% chg)

Rs-5.95 (-2.53%)
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Rs283.95
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Rs184.70

Latest Key Developments (Source: Significant Developments)

India's Hindalco Industries March Qtr Profit Down 25 Pct
Wednesday, 16 May 2018 

May 16 (Reuters) - Hindalco Industries Ltd ::MARCH QUARTER NET PROFIT 3.77 BILLION RUPEES VERSUS PROFIT OF 5.03 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 4.67 BILLION RUPEES.MARCH QUARTER REVENUE FROM OPERATIONS 116.81 BILLION RUPEES VERSUS 117.47 BILLION RUPEES LAST YEAR.RECOMMENDED DIVIDEND OF 1.20 RUPEES PER SHARE.  Full Article

Hindalco Industries Sept-qtr profit down about 11 pct
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Hindalco Industries Ltd :Says Sept quarter net profit 3.93 billion rupees ‍​- TV.Says Sept quarter revenue 103.08 billion rupees ‍​- TV.Says one time loss 1.06 billion rupees for quarter ‍​- TV.Hindalco Industries Ltd consensus forecast for Sept quarter profit was 5.26 billion rupees.Last year Sept quarter profit of 4.40 billion rupees last year.Last year Sept quarter revenue from operations 95.62 billion rupees last year.The profit, revenue and one time loss alerts were first sourced from TV and later confirmed from a company press release at the National Stock Exchange‍​.  Full Article

Hindalco Industries posts Dec-qtr profit
Monday, 13 Feb 2017 

Hindalco Industries Ltd : Dec quarter net profit 3.20 billion rupees . Consensus forecast for Dec quarter net profit was 3.93 billion rupees . Dec quarter income from operations 99.15 billion rupees . Net loss in Dec quarter last year was 327.5 million rupees as per IND-AS; income from operations was 87.16 billion rupees . Copper performance impacted due to lower demand in domestic market and lower by-products realization .The profit snap was first.  Full Article

USW calls on Novelis to drop legal challenges, bargain contract
Monday, 29 Aug 2016 

USW:USW calls on Novelis Corp to drop legal challenges, bargain contract.  Full Article

Hindalco Industries June-qtr profit rises almost fivefold
Friday, 12 Aug 2016 

Hindalco Industries Ltd : June-quarter net profit 2.94 billion rupees . June-quarter income from operations 75.97 billion rupees . Consensus forecast for June-quarter net profit was 2.18 billion rupees . Net profit in June-quarter last year was 611 million rupees as per Ind-AS; income from operations was 85.75 billion rupees . Q1 copper production was lower owing to planned maintenance shutdown; post shut down, plant is ramping up smoothly . Macroeconomic headwinds still persist and the uncertain global macro factors pose several challenges . High level of imports continue to impact domestic sales volumes . Continued strong imports of aluminium in country also adversely affected Q1 results .  Full Article

Metal X announces Hindalco as substantial shareholder
Tuesday, 9 Aug 2016 

Metals X Ltd : Hindalco exits Metals X register . Says Hindalco Industries became a substantial shareholder of Metals X with a 6.81% stake . The 100% takeover of aby will be completed on 28 August 2016 . Forging ahead with both its gold and base metal business units with an intent to separate these into special purpose listed entities in the ensuing future . Says Hindalco has sold its entire shareholding by block trade and retains no residual shareholding in Metals X .  Full Article

Hindalco Industries FY16 consol profit 448.1 mln rupees
Thursday, 21 Jul 2016 

Hindalco Industries Ltd : FY16 consol net profit 448.1 million rupees . FY16 consol net sales 994.20 billion rupees .Consensus forecast for june-quarter net profit was 2.18 billion rupees.  Full Article

Novelis Inc says Devinder Ahuja will receive an annual base salary of $500,000
Friday, 10 Jun 2016 

Novelis Inc :Devinder ahuja will receive an annual base salary of $500,000.  Full Article

Hindalco Industries fourth-quarter profit dives 25 percent, lags estimate

Aluminium producer Hindalco Industries Ltd posted a 25 percent fall in its fourth-quarter profit, widely missing street estimate.