Hindalco Industries Ltd., a major aluminum and copper producer in India, announced a significant increase in its net profit for the second quarter. The rise in profit was driven by higher metal prices and increased income from non-core business activities.

The company's net income for the three months ending in September reached 39 billion rupees ($463 million), up from nearly 22 billion rupees in the same period last year. This strong profit growth exceeded analyst expectations, highlighting Hindalco's successful performance in a favorable market environment. The results demonstrate the company's ability to take advantage of rising metal prices, positioning it well within the industry.