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Hindalco Q4 profit rises 25% to Rs503 crore

2017-05-30 livemint
Hindalco’s total income on a standalone basis increased to Rs 11,969.6 crore, over Rs 9,472 crore in the year-ago period

Hindalco Q1 profit jumps fivefold to Rs294 crore as costs decline

2016-08-12 livemint
Hindalco net sales, however, fell about 12% to Rs7,501.39 crore from Rs8,517.29 crore a year earlier due to a sharp decline in realizations

Metals X Ltd raises $100.6M, to demerge gold division

2016-08-04 proactiveinvestors.com.au
Metals X Ltd (ASX:MLX) has completed an institutional placement to raise $100.6 million and is now undertaking a share purchase plan of to raise up to $15 million. The company is also looking to demerge its gold division from the remainder of its diversified base metal assets, following the takeover of Aditya Birla Minerals Ltd’s (ASX:ABY) Nifty copper mine. Over the past few years, Metals X has made a number of shrewd acquisitions and has built a formidable diversified mining company.

Hindalco's Q1 net plunges 95% to Rs 44.81 crore

2016-07-22 moneycontrol
The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 854.21 crore in the year-ago period, it said in a regulatory filing.

Hindalco consolidated Q1 net dips 95% to Rs 44.80 cr

2016-07-21 thehindubusinessline
Aluminium maker Hindalco today reported a steep 95 per cent decline in its consolidated net profit at Rs 44.81 crore for the June quarter, mainly hit by impairment charges and write downs.

Hindalco’s Q1 Net plunges 95% to Rs 44.81 crore

2016-07-21 financialexpress
Aluminium maker Hindalco today reported a steep 95 per cent decline in its consolidated net profit at Rs 44.81 crore for the June quarter, mainly hit by impairment charges and write downs. The flagship firm of the Aditya Birla Group had clocked a net profit of Rs 854.21 crore in the year-ago period, it said in a regulatory filing. Total consolidated income of the firm also declined, albeit by 4 per cent, to Rs 1,00,042.

Hindalco’s Q1 net profit plunges 95% to Rs44.81 crore

2016-07-21 livemint
Hindalco’s total consolidated income also declined, albeit by 4%, to Rs1,00,042.16 crore in Q1 against Rs1,04,281.10 crore during the same period of 2015-16

Wipro may drop on weak Q1 results

2016-07-20 indiainfoline
Wipro's consolidated net profit attributable to equity holders fell 6.38% to Rs 2051.80 crore on 11.12% growth in gross revenue to Rs 13599.20 crore in Q1 June 2016 over Q1 June 2015. The results are as per International Financial Reporting Standards (IFRS). Revenue from IT services business rose 2.6% to $1,930.8 million in Q1 June 2016 over Q4 March 2016. Non-GAAP constant currency IT services segment revenue in dollar terms grew 2% sequentially and 9.

RBI approves takeover of Hindalco’s Australian arm by Metal X

2016-07-19 financialexpress
Aluminium maker Hindalco today said Reserve Bank of India (RBI) has approved Australian miner Metal X’s improved takeover offer for its subsidiary Aditya Birla Minerals Ltd (ABML).

MLX: ABY Takeover Update

2016-05-03 asx.com.au

Response to ASX Aware Query

2016-05-02 asx.com.au

Quarterly Activities Report

2016-04-29 asx.com.au

Hindalco to sell Australian unit to Metals X

2016-04-26 thehindubusinessline
Hindalco Industries, an Aditya Birla group company, has decided to sell its Australian subsidiary Aditya Birla Minerals (ABML) by accepting the takeover bid of Metals X, a diversified resource company producing gold, tin and nickel.

Hindalco to accept Metal X offer for sale of Australian arm

2016-04-26 thehindubusinessline
Aluminium maker Hindalco today said it will accept the Australian miner Metal X’s improved takeover offer for its subsidiary Aditya Birla Minerals Ltd.

Sensex snaps two sessions of fall as oil recovers

2016-04-26 in.reuters
India's stock markets rose more than 1 percent on Tuesday, in their first gain in three sessions, as earnings lifted a few firms such as Maruti Suzuki India Ltd (MRTI.NS), while the sentiment was also supported by gains in European shares and a mild recovery in crude prices.

Hindalco shares gain on increased Metals X offer for acquiring subsidiary

2016-04-26 financialexpress
Hindalco shares gained as much as 4.57 per cent on Tuesday after Aditya Birla Minerals (ABML) announced that Metals X has announced its intension to increase the consideration offered under its off-market takeover offer to acquire all the shares in ABML by increasing the scrip consideratin to 1 Metal X shares for every 4.5 ABML shares and adding a cash component of $0.08 per ABML share. Aditya Birla Minerals is an Australian based mining company.

Hindalco set to accept MetalsX takeover bid for ABML

2016-04-26 livemint
MetalsX will acquire 4.5 ABML shares in exchange of one fully paid ordinary share of MetalsX and A$0.8 in cash for every ABML share held

Aditya to accept improved Metals X bid

2016-04-26 businessnews.com.au
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Aditya Birla Minerals Ltd in ASX trading halt

2016-04-21 proactiveinvestors.com.au
Aditya Birla Minerals Ltd (ASX:ABY) has been granted a trading halt by the ASX today, with tis shares placed in pre-open. Aditya requested the halt pending the company's strategic review and the takeover offer from Metals X Limited. The halt will remain in place until the opening of trade on Tuesday 26th April 2016, or earlier if an announcement is made to the market.