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HINDALCO HindalCo Industries News Story

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India's Hindalco quarterly profit beats estimates on higher commodity prices

Corrects analysts profit estimate in paragraph 3 to 45.65 billion rupees from 44.85 billion rupees

Nov 7 (Reuters) - India's Hindalco Industries HALC.NS beats quarterly profit estimates on Friday, as stronger domestic realisations on higher commodity prices helped.

The Aditya Birla Group-owned firm, one of India's biggest aluminium and copper producers, posted a 21.3% rise in consolidated net profit to 47.41 billion rupees ($539.4 million) for the three months ended September 30.

Analysts had estimated 45.65 billion rupees, per data compiled by LSEG.

($1 = 87.8950 Indian rupees)

 (Reporting by Manvi Pant and Anuran Sadhu; Editing by Sumana Nandy)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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