Hindalco net profit rises 21% to ₹4,741 crore

Aditya Birla Group’s Hindalco Industries on Friday reported a 21.3 per cent year on year rise in its consolidated net profit to ₹4,741 crore in the second quarter of 2025-26 (Q2FY26), driven by its Indian business and its US-based subsidiary, Novelis.

- ROSHNI SHEKHAR

Its revenue jumped by 13.5 per cent to ₹66,058 crore in Q2FY26 on a year-on-year (Yo-Y) basis. However, Hindalco Industries’ other income decreased by 33.7 per cent to ₹713 crore in the quarter under review.

“Aluminium — upstream Ebitda (earnings before interest, taxes, depreciation, and amortisation) was up 22 per cent at ₹4,500 crore. The aluminium downstream business also had a great quarter with Ebitda up 69 per cent at ₹261 crore, and the copper business was in line with our guidance of over ₹600 crore, had a reasonably good quarter even though TC/RC (treatment and refining charges) are down,” said Satish Pai, managing director (MD), Hindalco Industries in a virtual interaction with the media on Friday.

He further added that despite the recent fire incident at Oswego, a part of the company’s aluminium recycling vertical at Novelis’ New York plant delivered a strong performance with Ebitda per tonne at $505.