Hindalco Industries, the Aditya Birla Group’s metals flagship, reported its highest-ever consolidated revenue and EBITDA for the quarter and year ended 31 March 2026, supported by record performance in its India business and a steady recovery at Novelis.

Consolidated EBITDA for Q4 FY26 stood at Rs 111.97 billion, up 9 per cent year-on-year, while PAT before exceptional items rose 10 per cent to a record Rs 57.96 billion. Reported quarterly net profit stood at Rs 25.97 billion, compared to Rs 52.84 billion in Q4 FY25, impacted by the Oswego disruption and partly offset by cost efficiencies at Novelis and record India business profits.

For FY26, consolidated revenue from operations rose to Rs 2.749 trillion from Rs 2.385 trillion in FY25. Full-year EBITDA increased to Rs 380.97 billion, while reported PAT stood at Rs 133.91 billion.

Satish Pai, Managing Director, Hindalco Industries, said the company’s India business delivered record performance across Aluminium Upstream, Aluminium Downstream and Copper, with full-year EBITDA at Rs 226.71 billion. He added that Hindalco India achieved an EBITDA CAGR of over 32 per cent in the past five years, supporting expansion plans across copper and aluminium capacities.

Novelis posted revenue of $4.8 billion in Q4 FY26, up 4 per cent, driven by higher metal prices. Adjusted EBITDA stood at $459 million, down 3 per cent due to lower volumes, tariffs and the Oswego disruption. EBITDA per tonne improved 10 per cent to $544, supported by cost optimisation and softer scrap prices. Novelis also exited FY26 with cost savings of over $125 million.

Hindalco’s Aluminium Upstream business recorded quarterly revenue of Rs 114.18 billion, up 11 per cent, and a record EBITDA of Rs 54.48 billion, up 13 per cent. Aluminium Downstream sales rose 18 per cent to 124 KT, while revenue increased 35 per cent to Rs 48.67 billion. Its quarterly EBITDA reached an all-time high of Rs 2.55 billion.

The Copper business recorded revenue of Rs 221.56 billion, up 52 per cent. Copper Continuous Cast Rod sales reached a record 91 KT, up 11 per cent, while quarterly EBITDA rose to Rs 9.07 billion, supported by operational performance and higher by-product realisations.

Hindalco said its Aditya battery foil facility has begun supplies to global cell manufacturers, while the copper recycling project is nearing commissioning. The Bay Minette greenfield plant began commissioning its cold mill in March 2026, with the hot mill expected to commission in the second half of 2026.

On sustainability, Hindalco was included in the S&P Global Sustainability Yearbook 2026 and ranked in the top 1 per cent of the global aluminium industry for the sixth consecutive year. The company also received recognitions from Great Place to Work, AmbitionBox, IMC RBNQ, CII and the Government of India.