Novelis' fiscal year 2025 performance report shows that in fiscal year 2025, Novelis' net sales increased by 6% YoY to USD 17.1 billion, primarily driven by the rise in average aluminum prices and a 2% increase in total shipments of rolled products to 3.757 million mt. The growth in shipments was mainly attributed to record-high shipments of beverage packaging and an increase in shipments of aerospace products, although this growth was partially offset by a decline in shipments of specialty products and automotive products.
In fiscal year 2025, Novelis' net income attributable to common shareholders increased by 14% YoY to USD 683 million, while adjusted EBITDA decreased by 4% to USD 1.8 billion. This was mainly due to the YoY increase in aluminum scrap prices, an unfavorable product mix, and rising operating costs, which were partially offset by an increase in total shipments and product price increases.
