Hindalco's Q4 net profit at Rs 616 crore, misses estimates

Aluminium producer Hindalco Industries Ltd posted a 25 percent fall in its fourth-quarter profit, widely missing street estimate.

The company's profit dropped to 3.77 billion rupees ($55.59 million) in the three months through March 31, from 5.03 billion rupees a year earlier, the company said in statement.

Analysts on average expected the company to post a profit of 4.67 billion rupees, Thomson Reuters Eikon data showed.