Hindalco reports a strong Q2 FY26 performance driven by its integrated business model. Revenue reached ₹66,058 crore, up 13% year-over-year, while profit after tax (PAT) rose to ₹4,741 crore, a 21% increase. The India business and resilient Novelis performance contributed to these results. The company is focused on sustainability and efficient operations.
Financial Performance Highlights
Hindalco Industries Limited announced its financial results for the second quarter of FY26, showcasing robust growth. Key highlights include:
- Consolidated PAT at ₹4,741 crore, up 21% compared to the previous year.
- Revenue from operations reached ₹66,058 crore, marking a 13% increase.
- EBITDA stood at ₹9,684 crore, a 6% rise year-over-year.
Segmental Performance
Aluminium Upstream
The Aluminium Upstream business demonstrated strong performance:
- Quarterly EBITDA at ₹4,524 crore, up 22%.
- Maintained industry-best EBITDA margins at 45%.
Aluminium Downstream
The Downstream segment achieved record results:
- All-time high quarterly EBITDA at ₹261 crore, a significant increase of 69%.
Copper Business
The Copper business remained resilient:
- EBITDA at ₹634 crore.
Novelis
Novelis reported solid performance:
- Shipments remained flat at 941 KT.
Strategic Initiatives
Hindalco is undertaking several strategic initiatives to drive future growth and efficiency:
- Novelis cost reduction initiatives target over $125 million run-rate savings by FY26 and $300 million by FY28.
- The Aditya Aluminium Phase 2 expansion of 193 KT was announced.
Management Commentary
Mr. Satish Pai, Managing Director of Hindalco Industries, commented, “Hindalco continued its growth momentum amid global volatility, delivering strong performance in both volumes and profitability. This performance was driven by robust contribution from India business, disciplined cost management and operational efficiencies across segments.”
Source: BSE
