We have prepayment plans of Rs 9,000 cr debt in current fiscal: Satish Pai

He talks about growth prospects for Novelis and zero monetary benefits on account of GST roll-out

With the aim to have a healthy balance sheet that could allow organic expansion in Novelis auto business going ahead, Hindalco Industries aims to prepay about Rs 9,000 crore debt this fiscal and further lower its net debt to EBITDA ratio by March 2018. In an interview with Aditi Divekar, Satish Pai, managing director of the Aditya Birla Group company, talks about growth prospects for Novelis and zero monetary benefits on account of GST roll-out. Edited excerpts:

Novelis witnessed record shipment in June quarter. Going ahead, what are the revenue growth prospects for the company? Any capex plans at Novelis?

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