Page 2 - Hindalco Industries

₹8,000 crore India capex on cards for FY26: Hindalco's Satish Pai

Hindalco MD Satish Pai discusses India and global capex, demand drivers, US tariffs and the Novelis IPO following strong Q4FY25 results and rising market demand

Hindalco Q4 net profit up 66.4% to Rs 5,283 crore, revenue rises 16%

Hindalco beats analyst estimates with strong Q4 profit growth driven by lower input costs, higher Novelis sales and robust performance in aluminium and copper

Hindalco to acquire coal block owner EMMRL for long-term fuel security

Hindalco will acquire EMMRL for ₹48 lakh and take on ₹1,131 crore debt to secure coal for its aluminium operations; Q4 and FY25 earnings also hit record highs

Hindalco Q4 net profit jumps 66% to Rs 5,284 crore, revenue up 16%

Hindalco's strong Q4 and FY25 results driven by Indian operations, lower input costs, aluminium and copper highs, and Novelis performance

Q4 results today: NHPC, Dixon Tech, Hindalco on May 20; see full list

Q4 FY25 company results today: Zydus Lifesciences, Fortis Healthcare, and Torrent Pharma will be among 146 companies to post earnings reports for the January-March quarter

Hindalco forays into EV parts making, delivers 10,000 battery cases to M&M

Hindalco Industries on Friday unveiled its Rs 500-crore EV component manufacturing facility at Chakan, in Pune, designed to cater to the growing demand for lightweight, crash-resistant battery solutions. The facility, built with a capital investment of Rs 500 crore and spread across 5 acres within an industrial park, represents Hindalco's foray into EV component manufacturing, a company statement said. "Our Chakan facility represents a strategic shift in India's EV ecosystem from import dependence to high-performance, localised aluminium solutions," said Satish Pai, Managing Director, Hindalco Industries Ltd. The company also announced the delivery of 10,000 aluminium battery enclosures to M&M Ltd. "Mahindra has partnered with Hindalco in the creation of the EV journey. Their expertise in developing materials and strong engineering capabilities to offer new solutions have played a key role in developing efficient and sustainable battery enclosure solutions," said Rajesh Jejurikar,

Hindalco shares: Analysts positive on long-term growth plan, maintain 'Buy'

Hindalco stock: Over the next five years, Hindalco Industries is mulling to invest approximately ₹45,000 crore in India, and $5 billion in the US as capex

Hindalco unveils new identity, tagline to mark transformation strategy

K M Birla, chairman of the Aditya Birla Group, at the event also reiterated plans to invest Rs 45,000 crore in next-generation high-precision engineered products

Bajaj twins, Maruti, 13 others outrun Sensex, Nifty in 2025; do you own?

15 Sensex stocks and 9 Nifty stocks outperformed the benchmark indices, so far in 2025, as they surged up to 23 per cent

Ajit Mishra of Religare Broking shares 3 stocks to buy, Nifty outlook today

Stocks To Buy Today, March 6, 2025: Hindalco share price recently broke out from a 'Double Bottom' pattern, signaling the end of its corrective phase

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Upstream revenue in aluminium stood at Rs 9,990 crore in Q3FY25 (+25 per cent Y-o-Y).

Stocks to Watch, Feb 14, 2025: TaMo, Nazara Tech, Hindalco, Paytm, NTPC

Stocks to Watch, Feb 14, 2025: From Nazara Tech to Hindalco, here are a few stocks that will on investors' and traders' radar during today's market session

Hindalco Q3FY25 results: Net profit up 60.2%, beats street estimates

Profit boost from robust India aluminium business and higher other income

Hindalco Industries Q3 results: Net profit rises 60% to Rs 3,735 crore

Aditya Birla Group firm Hindalco Industries on Thursday posted a 60 per cent rise in consolidated net profit to Rs 3,735 crore in the December quarter aided by higher income. It had reported a net profit of Rs 2,331 crore in the October-December period of the preceding 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 58,899 crore from Rs 53,088 crore in the year-ago period. Its expenses were at Rs 53,563 crore as against Rs 49,761 crore in the December quarter. Sharing an update on the acquisition of fabrication facility of Home Build Tec, Hindalco Industries said the negotiations on the proposed acquisition did not materialise, and the transaction has officially been closed. The board has appointed Bharat Goenka as the CFO with effect from April 1, 2025. Hindalco Industries is the metals flagship company of the Aditya Birla Group. A USD 28 billion metals powerhouse, Hindalco is an industry leader in aluminium and copper.

Hindalco arm Novelis plans to raise $750 million via 5-year bonds

Novelis intends to use the net proceeds from the proposed offering to repay US$ 738 million of outstanding debt and any remaining proceeds to fund cash on its balance sheet

US-based Novelis Inc plans to raise $750 million via issuance of bond

US-based Novelis Inc, which is part of Hindalco Industries, on Thursday said its indirect wholly-owned arm plans to raise USD 750 million through issuance of bonds. Novelis intends to use the net proceeds from the proposed offering to repay USD 738 million of outstanding debt and any remaining proceeds to fund cash on its balance sheet. "Novelis Inc...today announced that its indirect wholly-owned subsidiary Novelis Corporation has priced an offering of USD 750 million aggregate principal amount of 6.875 per cent senior notes due in January 2030, which represents an increase of USD 250 million from the offering size previously announced," it informed the bourses. Novelis Inc, a sustainable aluminum solutions provider, had reported an 18 per cent decline in net income at USD 128 million in the September quarter of 2024-25. The firm, which deals in aluminium rolled products, had reported a net income of USD 157 million in the same period of the preceding financial year, the company h

Stocks to Watch, Dec 31, 2024: RIL, Lupin, ITC, Adani Enterprises, SpiceJet

Stocks to Watch on Dec 31, 2024: From ITC to Adani Enterprises, here are few stocks that will remain in focus today

Production from Meenakshi coal mine likely to begin in 2028, says Hindalco

Hindalco Industries Ltd, the Aditya Birla Group's metals flagship, on Monday said it expects to begin production at the Meenakshi coal mine in Odisha in 2028. The coal mine is a fully explored block with a peak rated capacity of 12 million tonnes per annum and 285.23 million tonnes of geological reserves. With a favourable coal-to-waste stripping ratio of less than one, the G12 grade mine is poised to be a cost-effective and sustainable energy source for the company's operations, making it self-reliant in coal production, Hindalco Industries said in a regulatory filing. The mined coal will replace the company's dependence on auction and linkage coal which is currently estimated at approximately 40 per cent higher than the Meenakshi coal mine, thereby ensuring a stable supply for its smelters and solidifying its position as one of the lowest-cost producers of aluminium in the world. The Meenakshi coal mining project is expected to create approximately 16,000 direct and indirect ...

Govt issues allocation order to Hindalco Industries for coal mine in Odisha

The government on Friday said it has issued allocation order for a coal mine in Odisha to Aditya Birla Group firm Hindalco Industries Ltd. The government issued the vesting order for the Meenakshi coal mine that has a peak rating capacity of 12 million tonnes per annum (MTPA). This follows the signing of the agreement for development and production of coal mine last month. The Meenakshi coal mine, a fully explored block, has geological reserves of 285.23 million tonnes (MT). The block is likely to generate an annual revenue of Rs 1,152.84 crore, based on its peak rated capacity (PRC), the coal ministry said in a statement. With an estimated capital investment of Rs 1,800 crore, the mine will significantly augment domestic coal production and contribute to strengthening energy security, it said. The development of the block is likely to provide employment to about 16,224 individuals, both directly and indirectly, contributing to the economic growth in the region. "This initiative

Hindalco Q2 results: PAT jumps 78% to Rs 3,909 cr on high aluminium prices

The company, owned by the Aditya Birla Group, said its consolidated net profit jumped 78 per cent to Rs 3,909 crore ($463.3 million) for the three months ended Sept. 30