Hindalco Q3 FY26 EBITDA Rises 5% to Rs 85.43 Bn Amid Volatility

13 Feb 2026 CW Team

Profit after tax (PAT) before exceptional items rose 8 per cent year-on-year to Rs 40.51 billion. However, reported net profit declined to Rs 20.49 billion from Rs 37.35 billion in the same quarter last year, primarily due to the Oswego disruption. The impact was partially offset by cost efficiency measures at Novelis and record profitability from the India operations.

Revenue from operations for Q3 FY26 stood at Rs 665.21 billion, reflecting a 14 per cent year-on-year growth. EBITDA for the nine months of FY26 reached Rs 269 billion, while profit after tax for the period remained largely stable at Rs 107.94 billion.

The company’s India business continued to deliver strong results, driven by favourable macroeconomic conditions, focus on resource security, new product development, and operational efficiencies. Novelis recorded a 6 per cent improvement in EBITDA per tonne despite lower volumes, reflecting continued emphasis on cost optimisation and operational excellence.

Commenting on the performance, Satish Pai, Managing Director, Hindalco Industries, said, "Hindalco sustained its growth momentum amid global volatility, led by all-time high performance by its India business. This strength helped offset the impact of tariffs and the Oswego disruption, supported by disciplined cost management and operational efficiencies across segments.

We made strong progress across our downstream portfolio with the commissioning and ramping up of key projects including Aditya FRP, battery foil, AC fin-coating, and Copper tubes, positioning us well for emerging growth opportunities.

We have entered the next phase of growth with a clear roadmap to expand upstream capacities across alumina, aluminium and copper with aluminium capacity planned to scale up from 1.3 million tonnes to 1.7 million tonnes, and copper smelting capacity from 400 KT to 700 KT. Novelis’ underlying performance remains strong despite short-term capacity constraints from the Oswego disruption. The 600 KT Bay Minette project, on track for commissioning in the second half of FY27, will be a key growth driver.

Sustainability remains central to our strategy, with Hindalco achieving the highest ESG score in the aluminium industry for the sixth consecutive year in the S&P Global CSA rankings."

The company also reported strong progress on sustainability, achieving a score of 89 out of 100 in the S&P Global Corporate Sustainability Assessment rankings, maintaining its top position in the aluminium industry for the sixth consecutive year, reflecting advancements in environmental, social and governance performance.

Hindalco Industries, the metals flagship of the Aditya Birla Group, reported consolidated EBITDA of Rs 85.43 billion for the quarter ended December 31, 2025, marking a 5 per cent year-on-year increase, supported by strong performance in its India business and cost efficiencies across operations.Profit after tax (PAT) before exceptional items rose 8 per cent year-on-year to Rs 40.51 billion. However, reported net profit declined to Rs 20.49 billion from Rs 37.35 billion in the same quarter last year, primarily due to the Oswego disruption. The impact was partially offset by cost efficiency measures at Novelis and record profitability from the India operations.Revenue from operations for Q3 FY26 stood at Rs 665.21 billion, reflecting a 14 per cent year-on-year growth. EBITDA for the nine months of FY26 reached Rs 269 billion, while profit after tax for the period remained largely stable at Rs 107.94 billion.The company’s India business continued to deliver strong results, driven by favourable macroeconomic conditions, focus on resource security, new product development, and operational efficiencies. Novelis recorded a 6 per cent improvement in EBITDA per tonne despite lower volumes, reflecting continued emphasis on cost optimisation and operational excellence.Commenting on the performance, Satish Pai, Managing Director, Hindalco Industries, said, Hindalco sustained its growth momentum amid global volatility, led by all-time high performance by its India business. This strength helped offset the impact of tariffs and the Oswego disruption, supported by disciplined cost management and operational efficiencies across segments.We made strong progress across our downstream portfolio with the commissioning and ramping up of key projects including Aditya FRP, battery foil, AC fin-coating, and Copper tubes, positioning us well for emerging growth opportunities.We have entered the next phase of growth with a clear roadmap to expand upstream capacities across alumina, aluminium and copper with aluminium capacity planned to scale up from 1.3 million tonnes to 1.7 million tonnes, and copper smelting capacity from 400 KT to 700 KT. Novelis’ underlying performance remains strong despite short-term capacity constraints from the Oswego disruption. The 600 KT Bay Minette project, on track for commissioning in the second half of FY27, will be a key growth driver.Sustainability remains central to our strategy, with Hindalco achieving the highest ESG score in the aluminium industry for the sixth consecutive year in the S&P Global CSA rankings.The company also reported strong progress on sustainability, achieving a score of 89 out of 100 in the S&P Global Corporate Sustainability Assessment rankings, maintaining its top position in the aluminium industry for the sixth consecutive year, reflecting advancements in environmental, social and governance performance.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..