hindalcoNovelis Reports Higher Net Income for Second Fiscal Quarter on Improved Sales
Across All Geographic Regions
World`s Leading Producer of Aluminum Rolled Products Credits Continued Success
of Operational Efficiency Initiatives for the Higher Results
ATLANTA, Nov. 3 /PRNewswire/ -- Novelis Inc., the world`s leading producer of
aluminum rolled products, today reported net income attributable to its common
shareholder of 5 million for the second quarter of fiscal 2010 ended
September 30, 2009, a 36 percent increase over net income of 3 million
reported for the immediately preceding first fiscal quarter. Second quarter
net income for the current year compares to a net loss of 4 million
reported for the same period a year ago.