Hindalco’s U.S. Arm Posts Record High Operating Profit In Q2, Raises Guidance
A man prepares to take away aluminum strips purchased from a Hindalco dealer in Delhi. (Photographer: Amit Bhargava/Bloomberg News)

Hindalco’s U.S. Arm Posts Record High Operating Profit In Q2, Raises Guidance

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Novelis Corp. posted a record high operating profit in the quarter ended September, aided by targeted cost control initiatives and favourable metal costs. That may have prompted a few analysts to m...