Hindalco profit up on robust value-added product sales

More growth is likely as key projects like alumina refinery, smelters go on stream after FY28

- Dipali Banka

Robust sales of value-added products such as mobile phone parts and battery enclosures helped aluminum and copper producer Hindalco Industries Ltd post a 30% year-on-year increase in profit for the first quarter of FY26.

The Aditya Birla Group company reported a consolidated net profit of ₹4,004 crore in the three months to June, compared to ₹3,074 crore in the same period last year, beating consensus estimate of ₹3,788 crore in a Bloomberg poll of 15 analysts.

"Looking ahead, our integrated business model, strategic investments and cost discipline, position us well to deliver sustained growth," Satish Pai, managing director at Hindalco, said in a statement on Tuesday.

Consolidated revenue for the April-June period rose 13% to ₹64,232 crore, from ₹57,013 crore in the same period last year. Consolidated Ebitda, or earnings before interest, taxes, depreciation, and amortization, for the first quarter stood at ₹8,673 crore, up 9% from the same quarter last year.