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VERIFIEDMint Companies·negative
Hindalco profit slumps on heat from Novelis fire
AI Summary
- ·Hindalco's profit declined due to ₹6,963 crore in one-off expenses.
- ·These expenses are linked to a disruption at the Oswego plant in New York.
- ·A fire affected operations at Novelis, a key supplier of rolled aluminium.