Historic Plant of the Future Investment
Q3 FISCAL 2024 FINANCIAL HIGHLIGHTS
Q3FY24 vs Q3FY23
Novelis
Quarterly shipments trend
(kilotonnes)
936
933
908
910
879
Sales down 6% YoY to $3.9 billion
Total FRP shipments of 910kt are even with
the prior year period
Lower specialties due to softer market demand
and unfavorable macro-economic environment
Higher beverage packaging and automotive
shipments
Adjusted EBITDA up 33% YoY to $454
million
Adjusted EBITDA per tonne up 33% to $499
Net income attributable to our common
shareholder increased to $121 million,
compared to $12 million in the prior year
period
Net Income excluding special items of $174
million, up 81% YoY
Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24
Quarterly Adjusted EBITDA trend
($ millions)
$484
$454
$403
$421
$341
Q3FY23
Q4FY23 Q1FY24 Q2FY24 Q3FY24
Quarterly Adjusted EBITDA per tonne trend
$519
$479
$499
$431
$376
2024 Novelis
Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24View entire presentation