Hindalco reports a strong Q2 FY26, with revenue at ₹66,058 Crore, up 13% YoY, and PAT at ₹4,741 Crore, a 21% YoY increase. The company is actively pursuing sustainability goals, achieving 78% waste recycling and increasing renewable energy use. Operational performance improvements are seen across aluminium and copper segments, alongside disciplined capital allocation to drive future growth and shareholder value.
Financial Performance Overview
Hindalco announced its financial results for Q2 FY26, demonstrating strong performance across its key business segments. Consolidated revenue reached ₹66,058 Crore, a 13% increase compared to Q2 FY25. Profit After Tax (PAT) also saw a significant rise, reaching ₹4,741 Crore, up 21% year-over-year. This performance reflects strong operational efficiencies and favorable market conditions.
Segmental Performance Highlights
Several key business segments contributed to Hindalco’s strong quarterly performance:
Aluminium Upstream: Revenue increased by 10% to ₹10,078 Crore, with EBITDA up by 22%.
Aluminium Downstream: Revenue increased by 20% to ₹3,809 Crore, with EBITDA up significantly by 69%.
Copper: Revenue increased by 11% to ₹14,563 Crore.
Sustainability Initiatives
Hindalco continues to advance its sustainability agenda with notable achievements in waste recycling, water conservation, and renewable energy adoption:
Waste Recycling: Achieved 78% recycling and reuse of total waste in Q2 FY26, improved from 69% in Q2 FY25.
Freshwater Consumption: Reduced freshwater consumption through the implementation of water recycling units.
Renewable Energy: Increased the renewable energy capacity to approximately 522 MW, transitioning towards a greener energy mix.
Disciplined Capital Allocation
The company remains focused on disciplined capital allocation, ensuring efficient use of resources and creating long-term value. Key highlights include a healthy cash generation of ₹8,762 crore in H1 FY26 and strategic capital expenditure deployments.
Novelis Performance
Novelis reported an adjusted EBITDA of $422 million, a 9% increase. Net income was $163 million, up 27%. Total shipments were 962 KT.
Source: BSE
