Motilal Oswal: LME Recovery And Lower Costs To Improve Nalco’s Profitability Post Q1

Nalco posted a higher-than-expected ebitda of Rs 1.29 billion in the June quarter, due to cost cuts in the aluminium business.

Motilal Oswal Financial Services

07 Sep 2020, 01:37 PM IST

Molten aluminium is poured into a furnace in the cast house unit of the Vedanta Ltd. Aluminium Smelter in Odisha, India. (Photographer: Dhiraj Singh/Bloomberg)

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Motilal Oswal: LME Recovery And Lower Costs To Improve Nalco’s Profitability Post Q1

Nalco posted a higher-than-expected ebitda of Rs 1.29 billion in the June quarter, due to cost cuts in the aluminium business.

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