News - Hindalco Industries Limited
ATLANTA, April 20, 2012 /PRNewswire/ -- Novelis Inc., the world's leading producer of premium aluminum rolled products, announced today three leadership moves that will further drive the
ATLANTA, Aug. 3 /PRNewswire/ -- Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), today reported pre-tax income of $273 million for the first quarter of fiscal 2010, which ended June 30, 2009.
ATLANTA, July 31 /PRNewswire/ -- Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), will report its earnings for the first quarter of fiscal 2010 on Monday, August 3, 2009.
- Pre-tax income of $67 million for the fourth quarter of fiscal year 2009. - Net loss of $1.9 billion for fiscal 2009 due to impairment charges of $1.5 billion and unrealized mark-to-market losses on derivatives of $519 million, both non-cash items. - Fourth-quarter shipments declined 20 percent overall, but the company's largest end-use sector, the beverage can market, remains relatively stable. - Actions to adjust the operating cost base to lower sales volumes, including restructuring activities and other reductions in fixed costs, will deliver an estimated $140 million annualized future savings. ATLANTA, June 29 /PRNewswire/ -- Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), today reported pre-tax income of $67 million for the fourth quarter of fiscal 2009, which ended on March 31, 2009.
ATLANTA, June 22 /PRNewswire/ -- Novelis Inc., a subsidiary of Hindalco Industries Limited (BSE: HINDALCO), will report its fourth quarter and fiscal 2009 earnings on Monday, June 29, 2009.
