Novelis returns to black with net income of USD3m in Q3 FY2013

News
Circular Economy & Remanufacturing

Top line impacted due to lower conversion premiums and average aluminium prices

Novelis has reported a net income of USD3m in the third quarter ended 31 December 2012 against a net loss of USD12m in the corresponding period of the previous year, says a press release.

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