Novelis: Novelis delivered yet another record quarterly performance for Q4FY20, driven by portfolio optimization efforts and better cost efficiencies coupled with favourable demand for lightweight, sustainable aluminium solutions across end-markets. Novelis recorded its highestever quarterly adjusted EBITDA of US$383 million, a growth of 7% over the prior year. Q4FY20 Adjusted EBITDA per ton touched a record high of US$472, up 15% year-on-year. Novelis reported a Net Income (excluding tax-effected special items) of US$153 million in Q4FY20, an increase of 18% over Q4FY19. Revenue was down 12% year-on-year at US$2.7 billion in Q4FY20, mainly driven by lower average global aluminium prices and local market premiums....