Hindalco Q4 Profit Dips 51% Amid One-Time Costs and Novelis Disruptions
Hindalco Industries, the flagship metals entity of the Aditya Birla Group, reported a 51% decline in net profit to Rs 2,597 crore for the fourth quarter ending March 31, 2024. The Mumbai-based aluminum and copper giant attributed the sharp year-on-year drop to significant one-time costs, even as the company declared a dividend of Rs 5…
