Thanks! Since the 10 Yr CAGR Profit growth is higher for Hindalco, it seems something has positively impacted Nalco in just the last 10 years. Maybe some new mines won in the last 10 years with higher Alumina percentage as @N29 mentioned and as you also mentioned about energy savings which should be a big factor too.
Hindalco with Novelis and thus International Sales scores over in total sales but Nalco has the profitability edge till it has these mines running…
Btw the link has good information on mines auction in the current FY. So far 6 mines were auctioned for Bauxite and neither Nalco nor Hindalco was the winning party.
https://mines.gov.in/webportal/content/archived/details-of-successful-auction-during-the-year-4134
| Subscribe To Our Free Newsletter |
