Hindalco Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Hindalco reported consolidated segment EBITDA up 58% year-on-year at Rs 13,481 crores and consolidated profit after tax up 75% year-on-year at Rs 7,013 crores for Q1 FY27. The India upstream aluminium business posted record EBITDA of Rs 7,390 crores while Novelis adjusted EBITDA rose to $516 million despite continued impacts from the Oswego fire. Management discussed a new brand royalty arrangement with Birla Group Holdings, tariff impacts at Novelis, and progress on capacity expansion projects in aluminium and copper.
Hindalco reported consolidated segment EBITDA up 11% year-on-year at INR10,812 crores for Q4 FY26, while consolidated PAT fell 51% due to exceptional items including the Novelis Oswego plant fire, or rose 10% on an adjusted basis. Management detailed strong performance in India upstream aluminium and copper, higher realizations from sulfuric acid byproducts, and continued execution of capacity expansion projects including Aditya Alumina Refinery, aluminium smelters, and captive coal mines. Novelis reported adjusted EBITDA of $498 million for the quarter, impacted by the Oswego fire and tariffs, with management describing progress on the Bay Minette greenfield facility and cost reduction programs.