Hindalco Reports Strong Q2 FY26 Results

10 Nov 2025 CW Team

The strong performance was supported by robust results from the India operations and continued resilience at Novelis. The India Aluminium Upstream business delivered another exceptional quarter, with EBITDA rising 22 per cent to Rs 45.24 billion. The Aluminium Downstream segment achieved a record EBITDA of Rs 2.61 billion, marking a 69 per cent increase over Q2 FY25. Novelis, despite market headwinds, maintained stable shipments compared to the prior-year quarter.

Commenting on the performance, Satish Pai, Managing Director, Hindalco Industries, said, “Hindalco continued its growth momentum amid global volatility, delivering strong performance in both volumes and profitability. This was driven by the India business, disciplined cost management, and operational efficiencies across segments.

The Aluminium Upstream business sustained industry-leading EBITDA margins of 45 per cent, while the Downstream segment recorded a strong quarter with 69 per cent EBITDA growth, supported by all-time high volumes and an enhanced product mix. Our Copper business performed in line with expectations despite lower TC/RCs. Novelis delivered sequential improvement in EBITDA and Net Income, even as tariff impacts were partially offset by improved pricing and accelerated cost-efficiency measures.

Our integrated business model, prudent capital allocation, and continuous focus on cost optimisation enable us to deliver steady and resilient growth across market cycles. Our sustainability priorities remain focused on climate action, circularity through waste recycling, water stewardship and biodiversity protection.

Hindalco Industries, the metals flagship of the Aditya Birla Group, announced its financial results for the quarter ended September 30, 2025. The company reported consolidated EBITDA of Rs 96.84 billion, a 6 per cent increase over the same period last year, while Net Profit grew 21 per cent year-on-year to Rs 47.41 billion.The strong performance was supported by robust results from the India operations and continued resilience at Novelis. The India Aluminium Upstream business delivered another exceptional quarter, with EBITDA rising 22 per cent to Rs 45.24 billion. The Aluminium Downstream segment achieved a record EBITDA of Rs 2.61 billion, marking a 69 per cent increase over Q2 FY25. Novelis, despite market headwinds, maintained stable shipments compared to the prior-year quarter.Commenting on the performance, Satish Pai, Managing Director, Hindalco Industries, said, “Hindalco continued its growth momentum amid global volatility, delivering strong performance in both volumes and profitability. This was driven by the India business, disciplined cost management, and operational efficiencies across segments.The Aluminium Upstream business sustained industry-leading EBITDA margins of 45 per cent, while the Downstream segment recorded a strong quarter with 69 per cent EBITDA growth, supported by all-time high volumes and an enhanced product mix. Our Copper business performed in line with expectations despite lower TC/RCs. Novelis delivered sequential improvement in EBITDA and Net Income, even as tariff impacts were partially offset by improved pricing and accelerated cost-efficiency measures.Our integrated business model, prudent capital allocation, and continuous focus on cost optimisation enable us to deliver steady and resilient growth across market cycles. Our sustainability priorities remain focused on climate action, circularity through waste recycling, water stewardship and biodiversity protection.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..