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Earnings Analysis: 
Hindalco Profit Drops on Lower Metal Prices
Author: 123jump.com Staff
123jump.com
Last Update: 9:53 AM EST February 01 2001


India\''s biggest aluminum producer, added that its sales fell 3% from a year ago to 45.3 billion rupees. All Indian smelters suffered from the 12% jump of the rupee compared to the dollar and the lower smelting fees. Hindalco lifted aluminum output by 9% and copper by 12% in the latest quarter.

 

 

 

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