INSUBCONTINENT EXCLUSIVE:
better prices.
Net income was 4.14 billion rupees ($60 million) in the three months to June from 2.89 billion rupees a year earlier, the
Mumbai-based company said Friday
Earnings fell short of analyst estimates of 4.4 billion rupees
manufacturing growth and infrastructure spending, and boosting aluminum capacity and demand
sent buyers scrambling for supplies.
Adding to optimism are predictions this month by Goldman Sachs Group Inc
strong economy, higher prices and stable operations despite challenges from higher input costs and increased imports of aluminum and copper,
earlier this week reported a nearly 10 per cent increase in first-quarter profit to $113 million from a year earlier
will diversify its product portfolio and give it access to high-value, high-demand markets, it said.
