NewsDownstreamNovelis profit drops 65% in Q1
11 AUGUST 2010AL CIRCLE

Novelis profit drops 65% in Q1

Edited by : AL CIRCLE
1 min read
Novelis profit drops 65% in Q1
...Novelis Inc, the Canadian subsidiary of the country’s largest aluminium producer, Hindalco Industries, said its first-quarter net profit fell to $50 million, from $143 million in the year-ago period, due to mismatch in realisation of derivatives...

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