Tuesday, 30 June 2020

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

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

Video description:
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. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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