Hindalco Q1 result: Standalone profit rises 27% YoY to ₹1,826 crore; EBITDA rises 14%

Hindalco's standalone revenue from operations also grew 9.5% year-on-year (YoY) to ₹24,264 crore as compared to ₹22,155 crore in the year-ago period.

On the operational front, the Aditya Birla Group-backed company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 14.2% to ₹3,138 crore from ₹2,749 crore.

Its operating profit margin, or EBITDA margin, was flat at 12.9% in Q1 FY26 in contrast to 12.4% in Q1 FY25.

On a consolidated basis, Hindalco’s Q1 net profit increased by 30% to ₹4,004 crore as compared to ₹3,074 crore logged in the year-ago period. Its revenue from operations for the reporting quarter came in at ₹64,232 crore as against ₹57,013 crore seen in Q1 FY25, clocking a jump of 13%.

The robust results were driven by a strong performance by the India business and a resilient performance by Novelis.

“After the record profitability of FY25, Hindalco sustained its growth momentum with a strong first-quarter performance, driven by operational efficiencies, cost control, and an enhanced product mix,” said Satish Pai, Managing Director, Hindalco Industries.

Hindalco Industries said India's Aluminium Upstream business delivered another standout performance with EBITDA at ₹4,080 crore, up 17%, while Aluminium Downstream achieved a record EBITDA of ₹229 crore, up 108% compared to Q1FY25.

“Despite headwinds, Novelis reported a 1% increase in shipments driven by beverage can shipments, which registered a solid 8 per cent growth over the prior year quarter,” the company added.

For the aluminium India business, the quarterly upstream revenue was at ₹9,331 crore, up 6%, while EBITDA rose 17% at ₹4,080 crore, driven by lower input costs.

Sales of aluminium downstream at 101 KT, growing 6%, and revenue increased 17% to ₹3,353 crore. Record Aluminium Downstream EBITDA at ₹229 crore, up 108% due to higher value addition from products like battery enclosures, high-end extrusions from Silvassa and premiumisation of flat-rolled products.

For the shipment segment, the revenue was at $4.72 billion, up 13%, on the back of higher average aluminium prices. Its adjusted EBITDA was seen at $416 million, falling 17% due to the impact of higher scrap prices and tariffs. Novelis’ cost reduction measures targeting run-rate savings of over $75 million in FY26 are now expected to result in a higher FY26 run-rate savings of over $100 million, while maintaining the $300 million target for FY28.

The copper metal sales rose 4% to 124 KT, while revenue was ₹14,886 crore, up 12%.

“We made significant progress in our downstream growth projects: the 170 KT Aditya FRP project, Aluminium AC fins, and the Copper IGT facility are under commissioning. Looking ahead, our integrated business model, strategic investments and cost discipline position us well to deliver sustained growth,” Pai further said.

Following the earnings, Hindalco Industries shares were trading at ₹667.35 per share, falling 0.82% on NSE.