Lower metal prices dragged Nalco's Q4 | Sridhar Patra to ET NOW

Описание: National Aluminum Co Ltd (Nalco’s) Q4 results were immensely hit by the COVID-19 pandemic. The earning slipped down to ₹ 2,042.27 Crores from ₹ 2,863.89 Crores. The company revealed a 57.1 percent decline in consolidated net profit at ₹ 100.51 Crores for the March quarter.
Sridhar Patra from Nalco speaks exclusively to ET Now decoding the loss which the company suffered in the quarter earrings, how the pandemic has hit them and how will they revive this economic fall.
He says instead of Q4 we take the whole year results we take as the basis to compare; the quarter results are revealed only to show the market. Not only Nalco but all other companies are hugely affected by these crises.
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