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    Hindalco Q3 FY25: Top line muted, upstream aluminium business stands out

    The company anticipates stable coal costs ahead and this should support the performance of the Indian aluminium business. Carbon prices are also expected to remain flat or slightly negative

    Nitin Agrawal
    August 14, 2025 / 17:47 IST
    Consolidated revenues remained flat quarter on quarter (QoQ), due to the poor performance of the downstream aluminium business and wholly owned subsidiary Novelis.
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    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More