Hindalco posts record Q1 profit of Rs 7,013 crore as aluminium prices soar

Hindalco Industries achieved record-breaking profit and sales in the June quarter, largely due to a surge of nearly fifty percent in aluminum prices. Their US subsidiary, Novelis, played a key role in this financial success. Moving forward, Hindalco plans to focus on executing various projects, including refineries, smelters, and recycling plants, as part of their strategy for future growth.