Hindalco Q2 results: Net profit jumps 21% to ₹4,741 cr, revenue up 13%

Hindalco's profit surge was driven by a strong performance by its India business, and a resilient performance by its global subsidiary, Novelis, the company said

Aditya Birla Group-led Hindalco Industries reported a consolidated net profit after tax (PAT) of ₹4,741 crore during the second quarter of the financial year 2025-26 (Q2FY26), up 21 per cent year-on-year (Y-o-Y) from ₹3,909 crore. Sequentially, profit grew 18.4 per cent from ₹4,004 crore.

 

The aluminum major's revenue from operations rose 13 per cent to ₹66,058 crore in Q2FY26, from ₹58,203 crore from the same quarter last year. On a sequential basis, it increased 2.8 per cent from ₹64,232 crore.

 

The surge was driven by a strong performance by the India business, and a resilient performance by its subsidiary, Novelis, Hindalco said in a BSE filing.

 

“Hindalco continued its growth momentum amid global volatility, delivering strong performance in both volumes and profitability. This performance was driven by robust contributions from the India business, disciplined cost management, and operational efficiencies across segments," said Satish Pai, managing director of Hindalco Industries.

 

The firm's earnings before interest, taxes, depreciation, and amortisation (Ebitda) stood at ₹9,684 crore, up 6 per cent Y-o-Y from ₹9,100 crore.

 

Hindalco Q2 segment-wise performance:

Novelis: Revenue stood at $4.7 billion, up 10 per cent, driven by higher average aluminium prices.

Aluminium upstream business: Quarterly revenue rose 10 per cent to ₹10,078 crore, supported by higher volumes.

Downstream segment: Revenue increased 20 per cent to ₹3,809 crore, on account of higher shipments.

Copper segment: Revenue stood at ₹14,563 crore, registering a growth of 11 per cent

 

"The Aluminium ipstream business continued to outperform with industry-best Ebitda margins of 45 per cent. The downstream segment reported a solid quarter with 69 per cent Ebitda growth, supported by all-time high volumes and a superior product mix," Pai said.

 

"The Copper business remained resilient, performing in line with our guidance even with lower treatment and refining charges (TC/RCs). Novelis recorded a sequential improvement in both Ebitda and net income, despite net tariff impact partially offset by better pricing and accelerated cost efficiency initiatives," he added.

 

Hindalco Q2 result highlights

 

Revenue: ₹66,058 crore

Profit: ₹4,741 crore

Earnings per share: ₹21.35 (basic) and ₹21.32 (diluted)