Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, reported a consolidated net profit of ₹3,735 crore for the third quarter, marking a 60% increase. The growth was primarily fueled by strong operational performance in its India business.
Aluminium Upstream EBITDA reached a record ₹4,222 crore, reflecting a 73% rise due to lower input costs. The Copper segment also saw an 18% increase in EBITDA, reaching ₹777 crore, driven by strong domestic sales and higher by-product realizations. Novelis generated revenue of $4.1 billion, supported by elevated aluminium prices, with total rolled product shipments at 904 kilotonnes, remaining largely stable compared to the previous year.
The Aluminium India Upstream Business delivered a record-breaking quarterly EBITDA, achieving industry-leading margins of 42%. Meanwhile, the Aluminium Downstream Segment sustained its growth trajectory, posting a 36% increase in EBITDA, reflecting strong operational performance and demand. The Copper Business also demonstrated solid growth, with EBITDA rising by 18%, further strengthening its market position. Additionally, the segment received the prestigious ‘Copper Mark-JDDS’ certification, recognizing its commitment to responsible production practices.
Novelis rap pricing pressures. By optimizing processes and refining cost structures, the company continues to reinforce its resilience in a dynamic market environment remained focused on enhancing operational and cost efficiencies to mitigate the impact of scwhile driving sustainable and profitable growth across its business segments..
Hindalco also made significant strides in securing critical resources for its India upstream business, reinforcing its global cost leadership. Key expansion projects—including the alumina refinery, aluminium smelter expansion, copper smelter expansion, and the FRP project—are progressing as planned. The company’s robust balance sheet positions it for transformative growth, while its ESG efforts continue to gain global recognition. Hindalco remains the only company in the aluminium sector ranked in the top 1% of the S&P Global Sustainability Yearbook 2025.
Novelis reported shipments of 904 KT, reflecting a 1% decline compared to the previous period. However, revenue grew by 4% to $4.1 billion, driven by higher aluminum prices. Despite this revenue growth, adjusted EBITDA dropped 19% to $367 million, primarily due to increased scrap costs and an unfavorable product mix. Consequently, net income fell by 9% to $110 million, reflecting the ongoing challenges in cost management and product pricing.
In the Aluminium (India) segment, upstream revenue surged 25% to ₹9,993 crore, with record-breaking upstream EBITDA of ₹4,222 crore, marking a 73% increase. The per-tonne EBITDA stood at $1,480, showcasing strong profitability. Downstream operations also performed well, with revenue rising 25% to ₹3,195 crore. Downstream EBITDA climbed 36% to ₹150 crore, supported by a 10% increase in sales, reaching 99 KT. These figures highlight the segment’s continued momentum and efficiency improvements.
The Copper (India) segment also posted robust growth, with revenue increasing by 15% to ₹13,732 crore. EBITDA improved 18% to ₹777 crore, reflecting strong operational performance. Copper metal sales reached 120 KT, a 1% increase, while Copper Continuous Cast Rod (CCR) sales also rose by 1% to 95 KT. The segment’s steady growth underlines its resilience and the increasing demand for copper products.
The company strengthened its resource security by securing the Meenakshi coal mines, with a 12 million tonne per year capacity. Additionally, the Copper Tubes Project is on track for commissioning in Q4 FY25, reinforcing the company’s expansion plans in the copper sector. These initiatives are expected to enhance operational efficiency and long-term sustainability.
On the recognition and sustainability front, the company became the first Indian firm to receive the Copper Mark – JDDS, an acknowledgment by the London Metal Exchange and OECD. It was also ranked in the top 1% of the S&P Global Sustainability Yearbook 2025, achieving the highest ESG score in the aluminum sector. Furthermore, for the third consecutive year, it was named one of India’s Best Workplaces in Manufacturing – 2025 by the Great Place to Work® Institute, reaffirming its commitment to employee welfare and workplace excellence.
Hindalco Industries Limited, part of the Aditya Birla Group, is a $26 billion metals giant and the world’s largest aluminium company by revenue. It is also the second-largest copper rod manufacturer outside China. The company operates across the entire value chain, from bauxite mining and alumina refining to aluminium smelting, downstream rolling, extrusions, and foils. With its subsidiary Novelis, Hindalco is the global leader in flat-rolled aluminium products and the world’s largest aluminium recycler.
In India, Hindalco is the largest copper producer, meeting over half of the country’s copper demand. Its state-of-the-art facility in Gujarat includes a copper smelter, refinery, downstream units, and a captive jetty. With 52 manufacturing facilities across 10 countries, Hindalco has maintained its position as the world’s most sustainable aluminium company, securing a top ranking in the Dow Jones Sustainability Indices (DJSI) for five consecutive years (2020-2024).
