Hindalco Q1 Results: Cons PAT jumps 30% YoY to Rs 4,004 crore; revenue rises 13%

Hindalco Industries on Tuesday reported a 30% jump in its consolidated Q1 net profit at Rs 4,004 crore, compared to Rs 3,074 crore in the year-ago period. The profit is attributable to the company’s owners.

Revenue from operations for the quarter stood at Rs 64,232 crore, up 13% from Rs 57,013 crore in the corresponding quarter of the previous financial year.

The bottom line, however, fell 24% sequentially to Rs 4,004 crore from Rs 5,283 crore in Q4FY25, while the topline declined 1% from Rs 64,890 crore in the January–March quarter of FY25.


Key takeaways

• Aluminium upstream quarterly EBITDA stood at Rs 4,080 crore, up 17%, with EBITDA margins at 44% — the industry’s best, according to the company.
• Aluminium downstream quarterly EBITDA hit an all-time high of Rs 229 crore, up 108%.
• Copper EBITDA came in at Rs 673 crore, in line with guidance.
• Novelis shipments rose 1% to 963 KT, with can volumes up 8%. The company is targeting cost-reduction initiatives of $100 million in run-rate savings by FY26 and $300 million by FY28.
• Key growth projects, including Bay Minette and India expansions, remain on track.
• Consolidated net debt-to-EBITDA stood at 1.02x as of June 30, 2025, compared to 1.24x a year ago.

Management take
Commenting on the results, Managing Director Satish Pai said Hindalco sustained its growth momentum with a strong first-quarter performance following the record profitability of FY25, supported by operational efficiencies, cost control, and an enhanced product mix.

"Aluminium India Upstream continued to outperform with industry-best EBITDA margins of 44%. Aluminium India Downstream had a stellar quarter, reporting its strongest-ever performance with 2x EBITDA growth. The Copper business delivered healthy EBITDA in line with guidance despite lower TC/RCs. Novelis recorded 1% shipment growth, driven by all-time high quarterly beverage can volumes and accelerated cost-reduction initiatives," Pai said.