In the March quarter, SAIL did an adjusted EBIDTA per tonne of Rs7,000 against Rs 3,800 in the preceding quarter.
The company has guided for 35 per cent annual growth in revenue for the next five years.
The ratio of net debt and EBITDA is widely used to measure the debt paying ability of a company.
Novelis contributed almost 60 per cent of Hindalco’s consolidated operating profit (EBIDTA) in FY18.
Other than US, Novelis also has operations in Brazil where it is expected to benefit from the weak Brazilian currency, which has fallen 12% against US dollar in the last three months.
In the end of March quarter, Coal India had cash of Rs 31,475 crore.
Sukhbir Singh Dahiya and Jagbir Singh Ahlawat have together accumulated 6.6 per cent of the stock.
Deloitte has also informed the MCA about the reasons behind the resignation.
JSW Energy, which is promoted by Sajjan Jindal, generates 70 per cent of its total power capacity thermally.
A significant number of mid-sized stocks have fallen 10-75 per cent.
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