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Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis
Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same period last year, largely due to one-time expense of ₹4,171 crore related to two fire incidents at Novelis Oswego plant in the US last year
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economictimes.indiatimes.com
Novelis sees bigger cash flow hit from Oswego fire, posts $84m loss
Novelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahead of schedule. Higher savings are…
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Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss
Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company…
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thehindubusinessline.com
Hindalco shares soar nearly 4%, brokerages divided on Novelis FY27 outlook after Q4 loss
Hindalco shares rise 4% amid mixed brokerage views on Novelis' FY27 outlook following a $84 million Q4 loss.
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Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividend
Hindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the fourth quarter, compared with Rs 5,283…
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Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis
Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same…
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Hindalco's India segment shines as profit and revenue hit record highs
Hindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business delivered outstanding results across…