Hindalco and Petrobras Report Strong Profits Amid Market Shifts

Hindalco reported profits exceeding estimates due to surging metal prices, while Petrobras posted its third-highest profit, benefiting from increased oil prices driven by Middle East conflict.

7 Aug, 09:35 — 7 Aug, 09:35

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bloombergHigh14h ago

Hindalco Profit Tops Estimates as Metal Prices Surge

Hindalco Industries Ltd.’s first-quarter profit jumped 75%, beating estimates after supply disruptions from the Middle East war drove metal prices higher.

By Preeti Soni

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First report: Reuters · 6 Aug, 22:51|Full coverage: 2 · 11h|Window: 11h

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Reuters6 Aug, 22:51First to report

Petrobras posts third-highest profit as Middle East conflict lifts oil prices - Reuters

11h later

bloomberg7 Aug, 09:35Latest update

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Hindalco and Petrobras Report Strong Profits Amid Market Shifts

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Hindalco Profit Tops Estimates as Metal Prices Surge

Coverage Timeline

Petrobras posts third-highest profit as Middle East conflict lifts oil prices - Reuters

Hindalco Profit Tops Estimates as Metal Prices Surge

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