20 MAY 2024AlCircle.com
Strong demand and depleted production costs to boost Indian primary aluminium operating margin by over 25% in FY2025
Edited by : Debanjali Sengupta
3 min read
Indian primary aluminium manufacturers’ operating margin is likely to grow by over 25 per cent in this ongoing financial year due to robust demand and potentially lesser production costs driven by cheaper energy and alumina.
The primary aluminium industry is capital-intensive and marked by volatile prices. An increase in operating margin/profit will enable manufacturers to reduce reliance on debt to fund ongoing capital expenditure often required for capacity expansion.
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