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Hindalco Q3 profit plunges 89% to Rs 40.46 crore

Aditya Birla Group firm Hindalco Industries Tuesday reported 88.74 percent plunge in standalone net profit to Rs 40.46 crore for the quarter ended December 31, 2015, due to a sharp fall in metal prices.

Hindalco, Vedanta edge lower on Sensex exit from December 21

Hindalco's scrip dipped 4 percent to Rs 74.20 on BSE and Vedanta fell by 3 percent to Rs 90.35.

Hindalco seeks shareholders' nod to raise up to Rs 6,000 crore

Aluminium maker Hindalco Industries seeks its shareholders' approval to raise up to Rs 6,000 crore through issuance of non convertible debentures (NCDs) on private placement basis.

Hindalco Q4 profit falls 36% to Rs 160 crore

The Aditya Birla Group flagship had posted net profit of Rs 248 crore in the January-March period of the previous fiscal, 2013-14, it said in a BSE filing.

Hindalco fourth-quarter profit misses estimates

Aluminium and copper producer Hindalco Industries Ltd on Thursday posted a drop in quarterly profit that missed estimates, hurt by lower margins.

Examining options for non-productive assets: Hindalco

Hindalco Industries on Friday said it is examining various options for its non-productive assets, including the land located at Kalwa, Thane.

Odisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco

The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.

Govt may cancel SEZs of Hindalco, Essar, Adani

Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani for setting up of special economic zones as no work has been done to execute the projects.

Hindalco shares up nearly 7%; top gainer on Sensex, Nifty

Hindalco's stock rose by 6.76 percent to settle at Rs 175.20 on the BSE. During the day, it soared 7.92 percent to Rs 177.10 -- its 52-week high level.

Hindalco Dec quarter standalone Net down 23% at Rs 334 cr

The flagship company of the Aditya Birla Group had reported a net profit of Rs 433.52 crore in the corresponding quarter of 2012-13, it said in a filing to the BSE.

Inter-ministerial panel recommends de-allocating 26 coal mines

An inter-ministerial panel has recommended the de-allocation of 26 coal mines after it reviewed the progress of 61 blocks.

Assocham writes to PM, says concerned over CBI probe

Taking a strong note of CBI slapping case against Kumar Mangalam Birla in Coalgate, Assocham has sought Prime Minister's intervention to end the "environment of distrust" which had arisen due to "half-baked cases" against industry leaders, cautioning this could further impair decision making.

Coalgate: CBI files status report, seeks more documents from PMO

CBI has claimed that Hindalco Industries was granted ‘undue favour’ over allocation of coal block.

Coalgate: Zee Business exposes nexus between Naveen Patnaik, KM Birla

A Zee Business exclusive report on Hindalco Industries has exposed the nexus between Odisha Chief Minister Naveen Patnaik and industrialist KM Birla.

Coalgate: I-T seizes Rs 25 cr found at Hindalco office

I-T will now ask the company to produce documents and validate the source of the recovered cash, sources said.

Hindalco shares fall 5% after CBI books KM Birla in coal scam

Shares of Aditya Birla-promoted firms such as Hindalco Industries, AB Nuvo and Idea Cellular today fell by up to 5 per cent after the CBI registered a case against industrialist Kumar Mangalam Birla in connection with alleged irregularities in allocation of coal blocks in 2005.

Hindalco Q1 net up 12% at Rs 474 crore

Hindalco Industries Tuesday reported an 11.61 percent growth in standalone net profit to Rs 474 crore for the first quarter ended June 30, largely due to an increase in other income.

Hindalco Industries Q3 net down 4% at Rs 433.52 crore

Hindalco Industries on Friday reported nearly 4 percent decline in standalone net profit at Rs 433.52 crore for the third quarter ended December 31, largely due to subdued sales and sharp increase in finance costs.

Hindalco Q2 net declines 29% to Rs 359 crore

Revenues from operations fell to Rs 6,164 crore in the second quarter compared to Rs 6,272 crore a year ago, the company said.

Hindalco secures funds for Rs 13,200-cr Odisha project

The domestic aluminium major Hindalco Industries Monday said that it has achieved financial closure for its Rs 13,195-crore greenfield Aditya Aluminium smelter project at Lapanga in Odisha.