Weak quarter owing to a sharp drop in aluminium prices Q1FY20 revenue declined 5.1% YoY to Rs. 10,055cr on a standalone basis incl. Utkal (down 3.6% YoY to Rs. 29,972cr on consolidated basis). On the group level, revenue from the Aluminium business decreased 3.5% YoY to Rs. 5,472cr, mainly impacted by the sharp reduction in aluminium prices in the global markets. Moreover, revenue from the Copper business was down 8.4% YoY to Rs. 4,593cr owing to subdued industrial activities and lower copper prices worldwide. Revenue contribution from Novelis declined 2.5% YoY to Rs. 19,819cr. On standalone basis, EBITDA decreased...