Author: Drishya Yadav

Novelis posts 17% y-o-y rise in net sales in Q2FY23

Nov 9, 2022

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by

Drishya Yadav

in Non Ferrous

Novelis Inc, a leading global provider of sustainable aluminum, announced results for the second quarter of FY23 recently. Net sales increased 17% to $4.8 billion in Q2FY23 compared to $4.1 billion in the same period last year. Adjusted EBITDA decreased 8% to $506 million in Q2 compared to $553 million in Q2FY22.