Satish Pai

Hindalco Q1 result | Hindalco share price: Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish Pai

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Hindalco Q1 result | Hindalco share price: Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish Pai

Satish Pai, MD, Hindalco, says this quarter the sales were much higher than expected. The demand was very strong, and operational efficiencies were good. The company got a higher number, but there was also some amount of hedge accounting noise that came in, which can always go either way. So, on a consistent onward-going basis, … Read more

Hindalco: Capex to remain in Rs 6,000-7,000 crore range in coming years: Satish Pai, Hindalco

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Hindalco: Capex to remain in Rs 6,000-7,000 crore range in coming years: Satish Pai, Hindalco

“I think that in Q1, we should probably do better than that because our cost of production is going to be a couple of percentage points lower than Q4,” says Satish Pai, MD, Hindalco.Let us first talk about the India operations. Your aluminium upstream shipments were flat on a sequential basis, but downstream and the … Read more