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Largest macroeconomic uncertainty is the status of the Chinese economy: Hindalco MD

Hindalco reported a profit after tax of Rs 2,411 crore for the quarter ended March, a decline of 37 percent year-on-year (YOY). Revenue was flat at Rs 55,857 crore for the quarter under review.

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Hindalco reports Rs 2,411 crore consolidated net profit for Q4, slumps 37% as sales stagnate

Consolidated EBITDA of the company was at Rs 5,818 crore, down 23 percent year on year (YoY). ....

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Novelis Inc.: Novelis' Second Green Bond Report Demonstrates Commitment to Meeting Sustainability Goals

Report Highlights New and Expanded Recycling Centers Throughout the World ATLANTA, April 21, 2023 /PRNewswire/ Novelis Inc., a leading sustainable aluminum solutions provider and the ....

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Novelis Korea to foster robotics experts

Novelis, a leader in sustainable rolling and recycling of aluminum, has been at the frontier in fostering young experts living outside the Seoul capital region, according to company officials, Tuesday. Since 2019, the company has been sponsoring a scholarship team with FEST Creative Engineering Education Association every year and providing free robot-making kits to participants while running workshops and offering education sessions. ....

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Hindalco down 2% as co sees headwinds for arm Novelis in FY24

Hindalco Industries said that Q3 of FY23 was a trough for subsidiary Novelis, but it expects headwinds to persist into FY24. ....

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