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As Nalco's price advantage lessens, can new capacity help?

Mint Mumbai

|

February 25, 2025

National Aluminium Co. Ltd (Nalco) has benefited from soaring alumina prices in FY25, driving a 201% year-on-year surge in consolidated Ebitda for Q3FY25.

- Ashish Agrawal

The state-owned company achieved an average alumina realization of $641 per tonne. Plus, it also helped that alumina exports rose 11% and the use of captive coal increased. Note that Nalco's Ebitda was up 290% in Q2 and saw an average 47% growth in the previous four quarters.

Mint Mumbai からのその他のストーリー

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Beyond music, audio series strike a chord with youth

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GEAPP's $7.5 bn push for clean grids

An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion in its next five-year plan, executives said, and is seeking more philanthropic partners as richer nations cut government aid.

time to read

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The rush to return to the office is stalling

Big companies from Microsoft to Paramount and NBCUniversal are ordering workers to show up to the office more often. If only their staffs would heed the call.

time to read

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SC to review probe into Air India crash

The justices also criticized the leak of AAIB's preliminary inquiry report, calling it “unfortunate”

time to read

1 min

September 23, 2025

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Voltas prays for October heat as GST 2.0 takes effect

Voltas Ltd management’s recent interaction with analysts to update about business environment and outlook brings no cheer for its investors.

time to read

1 mins

September 23, 2025

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It's time to reckon with the seven ugly sins of artificial intelligence

Each of them poses a clear and present threat but the rise of AI shouldn't make us gloomy if the world manages to regulate it

time to read

4 mins

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Tide enters unicorn club as TPG leads $120 mn fundraise

UK-based Tide has raised over $120 million in a funding round led by TPG, valuing the fintech company at $1.5 billion. Tide, which counts India as its fastest-growing market, was valued at around $650 million in 2021, according to data from market intelligence platform Tracxn.

time to read

1 mins

September 23, 2025

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KRBL chief Mittal calls ind director Chaudhary's exit 'hostile'

KRBL Ltd, the company behind the leading basmati rice brand India Gate Basmati Rice, has described the resignation of its independent director, Anil Kumar Chaudhary, as a ‘hostile’ move, dismissing his allegations of corporate governance lapses.

time to read

1 mins

September 23, 2025

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Stay alert to turbulence on India’s external front

An H-1B visa barrier that squeezes talent supply to the US could join other forces to put our balance-of-payments at some extra risk. Capital controls may need to tighten temporarily

time to read

2 mins

September 23, 2025

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Bond traders lean into 'sweet spot' amid doubts on Fed path

BlackRock Inc., PGIM and other Wall Street firms, bond-fund managers are sticking to trades that will likely pay off even if the Federal Reserve’s path is again knocked off course by surprising turns in the economy.

time to read

1 mins

September 23, 2025

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