Hindalco Industries Q1 FY26 rises 30 pc at Rs 4,004 Cr
According to a company statement, the consolidated net debt-to-EBITDA ratio improved to 1.02x as of June 30, 2025, from 1.24x a year earlier, while consolidated EBITDA for the quarter stood at Rs 8,673 crore, which increased by 9% YoY, while net profit rose by 30% to Rs 4,004 crore.
Aluminium upstream quarterly Earnings Before Interest, Taxes, Depreciation & Amortisation (EBITDA) stood at Rs 4,080 crore, increasing by 17%, with industry-best margins of 44%. The aluminium Downstream segment posted its highest-ever quarterly EBITDA of Rs 229 crore, surging 108% YoY, while the EBITDA for the copper segment is Rs 673 crore, in line with expectations, according to the statement.
Hindalco's US-based subsidiary Novelis' shipments rose 1% to 963 kilotonnes, supported by an 8% growth in beverage can volumes. The company's cost reduction initiatives aim for $100 million in annualised savings by FY26 and $300 million by FY28. Key growth projects, including Bay Minette and India expansions, remain on schedule, the company statement mentioned.
The strong results were led by a robust performance in the India business and resilient growth at Novelis. The India aluminium upstream segment delivered another strong quarter with EBITDA of Rs 4,080 crore, which is an increase of 17%, while aluminium downstream segment achieved a record Rs 229 crore EBITDA, increasing by 108% YoY.
Despite challenges, Novelis saw a 1 per cent rise in total shipments, driven by an 8% jump in beverage can shipments over the previous year's quarter, the statement mentioned. UNI XC SSP
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