Novelis Q1 Results: Net income slumps 36% to $96 million, sales sees 13% growth

August 12, 2025

Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, has reported a 36% year-on-year fall in its net income for the June quarter at $96 million. Excluding special items, the bottomline was 43% lower compared to the previous year at $116 million.

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