Indian aluminium product manufacturers post mixed results for quarter ended Dec '15

Hind Aluminium posted a net profit while ESS SEE Aluminium and Manaksia Aluminium reported a loss for the quarter ended December 2015.

Hind Aluminium Industries has reported a standalone total income from operations of INR 145.67 crore and a net profit of INR 2.52 crore for the quarter ended December 2015. Other income for the quarter was INR 1.11 crore. For the quarter ended December 2014 the standalone total income from operations was INR 105.21 crore and net profit was INR 0.80 crore, and other income INR 2.45 crore. Hind Aluminium shares closed at 77.90 on February 15, 2016 (BSE) and has given -6.48% returns over the last 6 months and 60.29 per cent over the last 12 months.

ESS DEE Aluminium has reported a consolidated total income from operations of INR 106.62 crore and a net loss of INR 15.20 crore for the quarter ended December 2015. For the quarter ended Dec 2014 the consolidated total income from operations was INR 243.04 crore and net profit was INR 11.04 crore. ESS DEE shares closed at 134.50 on February 15, 2016 (NSE) and has given -62.82 per cent returns over the last 6 months and -41.47 per cent over the last 12 months.

Manaksia Aluminium Company has reported a standalone total income from operations of INR 69.41 crore and a net loss of INR 1.40 crore for the quarter ended December 2015. Other income for the quarter was INR 0.48 crore. For the quarter ended December 2014 the standalone total income from operations was INR 57.92 crore and net loss was INR 3.63 crore, and other income INR 0.15 crore. Manaksia Aluminium shares closed at 3.70 on February 10, 2016 (NSE) and has given -26.00 per cent returns over the last 6 months and -79.44 per cent over the last 12 months.