Earnings before interest, tax, depreciation and amortisation (Ebitda) jumped 17% to ₹6,610 crore in the March quarter.
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“Hindalco delivered strong results, led by an outstanding performance by its India business while Novelis remains on track to restart the Oswego plant and commission Bay Minette,” managing director Satish Pai said. Novelis, which reported its earnings earlier this week, reported a loss for the March quarter on account of fires at its unit in Oswego.
“Our India business delivered record performance across the aluminium upstream, aluminium downstream and copper businesses, with Ebitda at a historic high of ₹22,671 crore for the full year,” he said.
At a consolidated level, profit halved on year in the March quarter to ₹2,597 crore. Consolidated revenue rose 20% on year to a record high of ₹78,133 crore, while earnings before interest, tax, depreciation and amortisation (Ebitda) was also at an all-time high of ₹11,197 crore, up 9% on year. For fiscal 2026, Hindalco’s consolidated revenue rose 15% on year to an all-time high of ₹2,74,944 crore, while Ebitda was also at an all-time high, rising 10% on year to ₹38,097 crore. Adjusting for exceptional items, profit also was at an all-time high of ₹18,733 crore.
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The company’s consolidated net debt to Ebitda ratio rose to 1.8 times from 1.1 times a year ago. Hindalco announced its earnings after market hours, and its shares closed at ₹1,109.6 on the BSE, up 1% from the previous close.