 "Hindalco MD Satish Pai")
Hindalco Industries, the metal flagship of Aditya Birla Group, posted a 66.4 per cent year-on-year jump in consolidated net profit to ₹5,283 crore for the quarter ended March 2025, buoyed up by easing input costs and strong performance in its India operations. Its Managing Director Satish Pai, in conversation with Roshni Shekhar and Dev Chatterjee in Mumbai, talks about the company’s capital expenditure (capex) and the listing plans of Hindalco’s US-based subsidiary, Novelis. Edited excerpts:
Hindalco ended the January–March quarter (Q4) with better-than-expected results. What drove the company’s profitability?
Our strong upstream business remains a key contributor, but the diversified
