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Motilal Oswal: Nalco - LME Recovery, Lower Costs To Improve Profitability Post Q2

Nalco’s revenue grew 72% sequentially to Rs 23.8 billion in Q2 as lower LME prices was offset by rupee depreciation.

Aluminium cold rolled sheets at NALCO manufacturing plant. (Image: Company website)
Aluminium cold rolled sheets at NALCO manufacturing plant. (Image: Company website)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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