Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, announced its financial results for the quarter ended September 30, 2025, posting strong growth driven by its India operations and resilient global performance through Novelis. The company reported a consolidated EBITDA of ₹9,684 crore for the second quarter of fiscal year 2026, marking a 6 percent increase compared to the same period last year. Net profit rose 21 percent year-on-year to ₹4,741 crore, reflecting sustained operational strength and disciplined cost management.
The India Aluminium Upstream business continued to perform exceptionally well, delivering an EBITDA of ₹4,524 crore, up 22 percent over Q2 FY25, supported by stable operations and strong market fundamentals. The Aluminium Downstream segment achieved its highest-ever EBITDA of ₹261 crore, a 69 percent increase from the previous year, driven by record sales volumes and an improved product mix. Despite global headwinds, Novelis maintained steady shipment volumes in line with last year and reported sequential improvements in both EBITDA and net income, aided by cost-efficiency initiatives and favorable pricing.
Commenting on the performance, Satish Pai, Managing Director, Hindalco Industries, said “Hindalco has continued its growth trajectory amid global volatility, delivering strong results in both volume and profitability. The outstanding performance of our India businesses, coupled with effective cost control and operational excellence, has enabled us to sustain industry-leading margins. The Aluminium Upstream segment achieved an impressive 45% EBITDA margin, while our Downstream business recorded 69% growth on the back of all-time high volumes. Our Copper business performed in line with expectations, maintaining resilience despite softer treatment and refining charges. Novelis showed improvement in profitability and cash flows, even as trade tariffs posed challenges.”
He further added, “Our integrated business model, prudent capital allocation, and sharp focus on efficiency continue to strengthen Hindalco’s position as a global metals leader. Sustainability remains central to our strategy, with ongoing initiatives focused on climate action, resource circularity, water stewardship, and biodiversity preservation.”
Hindalco Industries Limited, a $28 billion global metals powerhouse, is the world’s largest aluminium company by revenue and the second-largest producer of copper rods outside China. The company operates across the entire value chain—from bauxite mining and alumina refining to aluminium smelting, rolling, and downstream products such as extrusions and foils.
Through its subsidiary Novelis Inc, Hindalco is a global leader in flat-rolled products and the world’s largest recycler of aluminium. In India, Hindalco is the leading copper producer, meeting over half of the nation’s demand through its state-of-the-art facility in Gujarat, which includes a smelter, refinery, downstream units, and a captive jetty.
With 48 manufacturing facilities across 10 countries, Hindalco maintains a strong international footprint. The company has been recognized as the world’s most sustainable aluminium producer on the Dow Jones Sustainability Indices (DJSI) for five consecutive years – 2020, 2021, 2022, 2023, and 2024.
