In Short : Hindalco Industries posted a 30% year-on-year jump in Q1 net profit, supported by higher production volumes and improved operational efficiencies. Revenue growth was driven by strong demand in aluminium and copper segments. The company remains focused on cost optimization, capacity expansion, and strengthening its market position to meet rising domestic and global […]
According to ICRA, domestic refined copper demand growth is expected to remain healthy at 11 per cent in FY25, outpacing the rate of global growth in copper demand, given the Centre’s thrust on infrastructure development and a gradual transition to renewable energy The demand for copper, a key component in electric vehicles, will go up […]