Aug 12 (Reuters) - India's Hindalco Industries
, one of the country's largest aluminium and copper
producers, reported a better-than-expected first-quarter profit
on Tuesday, as higher sales volumes helped mitigate the impact
of weaker aluminium prices.
The Aditya Birla Group-owned company posted 30.3% rise in
its consolidated net profit to 40.04 billion rupees ($456.9
million) for the three months ended June 30, beating analysts'
average estimates of 38.33 billion rupees, according to data
compiled by LSEG.
($1 = 87.6312 Indian rupees)