Aug 7 (Reuters) – India’s Hindalco Industries posted a rise in first-quarter profit on Friday, boosted by higher aluminium prices and a production ramp-up.
The Aditya Birla Group-owned firm, one of India’s biggest aluminium and copper producers, reported a 75.1% jump in consolidated net profit to 70.13 billion rupees ($736.12 million) for the three months ended June 30.
($1 = 95.2700 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Harikrishnan Nair)
