Hindalco net rises 21%; tariffs blunt US margins

HINDALCO INDUSTRIES REPORTED a 21% increase in net profit to 4,741 crore in the second quarter of FY26, beating Bloomberg estimates of 4,320 crore.Ithad posteda net profit of 3,909 crore in the year-ago period.

- URVI MALVANIA

The aluminium and copper major’s revenue from operations rose to %66,058 crore in the September quarter, up 13% year-on-year from %58,203 crore. Revenue from operations was also ahead of Street estimates of 64,963 crore.

Earnings before interest, taxation, depreciation, and amortisation (Ebitda) for the quarterwas 9,684 crore,ahead of Bloomberg estimates of %8,303 crore and up 6% from %9,100 crore in the year-ago period, benefiting from lower input coal costs in the quarter.