Robust topline expansion led by volume growth During Q3FY22, Hindalco reported consolidated net sales of Rs. 50,272cr (+43.8% YoY, +5.5% QoQ) aided by strong volume growth in its aluminum and copper businesses. Aluminum business net revenue soared 55.7% YoY to Rs. 8,243cr (+5.5% QoQ) majorly impacted by higher aluminum prices. Aluminum metal sales were up 3.1% YoY to 325Kt, while aluminium VAP sales grew 7.5% YoY to 85kt owing to recovery in the domestic market. Copper business recorded sturdy 67.2% YoY gains to Rs. 10,255cr (+7.0% QoQ) due to higher realisations on sales of copper and by-products. Novelis...