Q4 Fiscal Year 2024 Highlights
Net income attributable to our common shareholder and net income from continuing operations of $166 million, up 6% YoY; Net income excluding special items was $179 million, up 2% YoYAdjusted EBITDA of $514 million, up.
In the IPO, the common shares are expected to be offered by Novelis sole shareholder. Novelis will not receive any proceeds from the IPO and the public offering is expected to be completed after the SEC completes its review process.
The strong operational performance was driven by favorable metal benefit from recycling, higher pricing, and lower operating costs compared to last year. However, revenue dropped by 6% YoY due to lower aluminium prices and flat volumes.
Now, there is a story of the Animal actor that has grabbed a lot of attention. The story involves Bobby, his wife Tanya, her father Devinder Ahuja and her brother Vikram Ahuja. | Tellychakkar.com