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Novelis
4.8
based on 2 Reviews
About Novelis
Founded in--
India Employee Count--
Global Employee Count--
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Websitenovelis.com
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Novelis Ratings
based on 2 reviews
Overall Rating
4.8/5
How AmbitionBox ratings work?
5
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4
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3
0
2
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1
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Category Ratings
5.0
Company Culture
5.0
Work Satisfaction
4.8
Job Security
4.8
Salary & Benefits
4.8
Work-Life Balance
4.8
Skill Development
3.2
Promotions/Appraisal
Novelis is rated 4.8 out of 5 stars on AmbitionBox, based on 2 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Compare Novelis with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.8/5 based on 2 reviews | 3.7/5 based on 84.2k reviews | 3.8/5 based on 47.1k reviews | 3.9/5 based on 52.6k reviews |
Highly Rated for | Company culture Work Satisfaction Skill development | Job Security Work-Life balance | No highly rated category | Job Security Company culture Skill development |
Critically Rated for | Promotion/Appraisals | Promotion/Appraisals Salary & Benefits Work Satisfaction | Promotion/Appraisals Salary & Benefits | Promotion/Appraisals |
Primary Work Policy | - | Work from office 80% employees reported | Hybrid 69% employees reported | Hybrid 71% employees reported |
Rating by Women Employees | - no rating available | 3.8 Good rated by 24.3k women | 3.9 Good rated by 15.1k women | 3.9 Good rated by 19.6k women |
Rating by Men Employees | - no rating available | 3.7 Good rated by 54.7k men | 3.8 Good rated by 29.6k men | 3.9 Good rated by 30.4k men |
Job Security | 4.8 Excellent | 4.6 Excellent | 3.6 Good | 3.8 Good |
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Novelis Salaries
4.8
rated by 2 employees for salariesSoftware Engineering Consultant
(2 salaries)
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₹25.2 L/yr - ₹32.2 L/yr
Process & Production Engineer
(1 salaries)
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₹9.5 L/yr - ₹12.2 L/yr
Executive Engineer
(1 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Supervisor
(1 salaries)
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₹0.9 L/yr - ₹1.2 L/yr
Project Engineer
(1 salaries)
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₹3.5 L/yr - ₹4.5 L/yr
Technical Manager
(1 salaries)
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₹19.8 L/yr - ₹25.3 L/yr
Electrical Engineer
(1 salaries)
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₹6.4 L/yr - ₹8.2 L/yr
Software Developer
(1 salaries)
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₹4.1 L/yr - ₹5.2 L/yr
Principal
(1 salaries)
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₹2.9 L/yr - ₹3.7 L/yr
Business Development Manager
(1 salaries)
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₹0.2 L/yr - ₹0.2 L/yr
Novelis News
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Hindalco Q2 net up 78 pc on lower cost, better realisation
- Hindalco Industries reported a 78% increase in net profit for Q2 due to lower costs and better realisation.
- The company plans to invest $4-5 billion in new projects, including aluminium and copper smelters, alumina refinery, and copper recycling plant.
- Hindalco expects challenges for Novelis in the coming quarters due to shrinking aluminium spreads.
- The company will reconsider the IPO plans for Novelis after completing the Bay Minette project and improving scrap spreads.
HinduBusinessLine | 12 Nov, 2024
Hindalco expected to report 65% rise in Q2 profit on lower cost
- Hindalco is expected to report a 65% rise in Q2 profit on lower cost.
- Revenue is projected to increase by 6% to ₹57,704 crore.
- EBITDA is anticipated to rise by 26% to ₹7,092 crore.
- Novelis, Hindalco's subsidiary, reported a net income of $128 million for the quarter.
HinduBusinessLine | 11 Nov, 2024
Hindalco to report 65% rise in Q2 profit on lower cost
- Hindalco is expected to report a 65% rise in Q2 profit, driven by lower costs.
- Revenue is expected to increase by 6% to ₹57,704 crore.
- EBITDA may increase by 26% to ₹7,092 crore.
- Novelis, a subsidiary of Hindalco, reported a net income of $128 million for the quarter.
HinduBusinessLine | 11 Nov, 2024
Nifty, Sensex Snap Two–Day Rally As Focus Shifts To Fed-Rate Decision: Market Wrap
- The NSE Nifty 50 and the BSE Sensex snapped a two–day rally and settled over 1% lower on Thursday, tracking losses in ICICI Bank Ltd. and Reliance Industries Ltd.
- During the session, Trent Ltd.'s share price slumped over 9% after delivering weaker-than-expected earnings for July–September period.
- Hindalco Industries Ltd. share price declined to over a one-month low as it slumped over 8% due to concerns about Novelis' weak earnings.
- All the 21 sectoral indices on the BSE ended lower, with Metal falling the most.
Bloomberg Quint | 7 Nov, 2024
Hindalco Arm Novelis Q2 Results Review - Scrap Concerns Weigh; Downgrade To 'Add': ICICI Securities
- ICICI Securities downgrades Hindalco Arm Novelis to 'Add' due to scrap concerns weighing on Q2 results.
- Brokerage expects near-term concerns to impact stock performance.
Bloomberg Quint | 7 Nov, 2024
Novelis' Weak Earnings Raise Concerns For Hindalco Ahead Of Q2 Results
- Novelis, the international subsidiary of Hindalco Industries, reported weak second-quarter results, raising concerns for Hindalco's upcoming Q2 results.
- Novelis accounted for 61% of Hindalco Industries' total revenues and 56% of its total Ebitda as of fiscal 2024.
- Novelis' Q2 results showed a 5% increase in net sales, a 5% decrease in adjusted Ebitda, and an 18% decrease in net profit.
- Novelis suspended its near-term adjusted Ebitda per tonne guidance, citing rising aluminum prices and intensified competition for scrap aluminum.
Bloomberg Quint | 7 Nov, 2024
Hindalco-Arm Novelis Q2 Profit Declines 18% To $128 Million
- Net income of Hindalco-Arm Novelis declined 18% to $128 million in Q2 of FY 2024-25.
- Net sales of Novelis for the second quarter rose 4.5% to $4,295 million.
- Higher average aluminium prices and a one percent rise in total flat rolled product shipments contributed to the increase in sales.
- Novelis remains focused on managing the balance sheet and navigating shifting market dynamics.
Bloomberg Quint | 6 Nov, 2024
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