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.

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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.

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