Hindalco Q3 results today: Check how the metals major fared in Q2 FY25; shares trade flat

Hindalco Industries is one of Asia’s largest producers of primary aluminium (excluding China), and with its subsidiary Novelis, a global leader in flat rolled products and the world’s largest recycler of aluminium.

In India, Hindalco is the largest aluminium downstream player, providing customised solutions in flat-rolled products and extruded aluminium solutions.

Hindalco Industries Q2 FY25 performance

Hindalco Industries reported a 78% rise in consolidated net profit to ₹3,909 crore for the September 2024 quarter (Q2 FY25) on the back of strong operational performance, favourable macros, and prudent cost management.

The company posted a consolidated net profit of ₹2,196 crore in the year-ago period, it said in a regulatory filing.

Total income during the quarter under review rose to ₹59,278 crore against ₹54,632 crore a year ago.

"Our India business delivered a strong operational performance in Q2 bolstered by our relentless focus on operational reliability and cost management," Hindalco Industries Managing Director Satish Pai said.

In January 2025, Hindalco Industries said it aims to replace diesel vehicles with electric vehicles across all plants in the country as part of its goal to become a net-zero carbon emission company.

The company said it has flagged off a fleet of electric bulkers at its Aditya Aluminium plant in Odisha for supplying one million tonnes of fly ash to the cement industry in the state over the next five years.

Additionally, the company has inaugurated two EV recharge stations near the fly ash loading point, marking another step toward green transportation and sustainable operations, Hindalco Industries Ltd said in a statement.

As a result of using electric vehicles, the plant expects to reduce 3,500 tonnes of carbon dioxide emissions, and it will help save ₹1.5 crore in freight costs.

Fly ash constitutes about 35% of the volume of cement produced. Hindalco supplies four million tonnes of fly ash from across its plants to the cement industry.