Novelis's Q3 net income down 86% y/y to USD6 million

News
Circular Economy & Remanufacturing

Sales down 17% y/y

Novelis has reported an 86.9% year-on-year (y/y) decline in net income to USD6 million in the third quarter ended 31 December 2015, says a company press release. Income before income taxes was down 55.1%

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