Utkal Refinery

Jump to

Hindalco Industries: Focus on growth

Going ahead, the company may feel pressure on margins, given the higher coal cost
Utkal loan refinancing to help save Rs 150cr: Hindalco

Hindalco Industries, the manufacturer of non-ferrous metals would save nearly Rs 150 crore of interest payment on annual basis following refinancing of Utkal alumina project, Managing Director, D Bhattacharya told CNBC-TV18.
Hindalco's Q3 net down 4% on higher finance cost

Hindalco Industries‘ December quarter net profit fell 4% to Rs 434 crore, year-on-year hurt by higher finance cost. The company‘s finance cost rose to Rs.169 crore from Rs 79 crore, YoY on account of greater average borrowings.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Utkal Refinery

Hindalco Industries: Focus on growth

Utkal loan refinancing to help save Rs 150cr: Hindalco

Hindalco's Q3 net down 4% on higher finance cost