Hindalco Industries Ltd posted a 7.5 per cent rise in quarterly profit, helped by higher volumes and realisation in both businesses. Net income rose to Rs. 359 crore from Rs. 334 crore a year earlier.
Page Industries Ltd has reported a 29 per cent increase in net profit for the December quarter on higher sales. The company has reported a net profit of Rs 44.70 crore for the quarter ended December 31, 2014 against a net profit of Rs 34.63 crore in the corresponding quarter last year.
Reliance Power has signed a memorandum of understanding with the Rajasthan Government to develop 6,000 MW of solar power projects in the State over 10 years.