Hindalco sees 5% rise in raw material costs, stays confident on key customersHindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novel...
25 May, 2026, 03.39 PM IST
Hindalco's India segment shines as profit and revenue hit record highsHindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business de...
23 May, 2026, 01.26 AM IST
Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividendHindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the f...
22 May, 2026, 06.22 PM IST
Hindalco–Novelis outlook: Near-term noise, long-term structural strength intact: Aditya WelekarHindalco outlook remains positive despite near-term headwinds at Novelis, says Axis Securities AVP Aditya Welekar. Bay Minette capex overru...
29 Dec, 2025, 09.11 AM IST
Hindalco to infuse $750 million equity into US unit NovelisHindalco Industries will infuse $750 million equity and raise debt to support its US arm Novelis after a fire hit its Oswego unit. The fund...
08 Nov, 2025, 12.16 AM IST
Novelis expects cash flow impact of up to $650 mn from Oswego fireNovelis anticipates a $550-$650 million negative impact on free cash flows this fiscal due to a September fire at its Oswego unit. The comp...
05 Nov, 2025, 11.47 AM IST
Novelis Q2 net income rises 27% YoY to $163 million on higher aluminium pricesNovelis Inc., a Hindalco subsidiary, reported a 27% year-on-year net income growth to $163 million for the September quarter, despite a fir...
04 Nov, 2025, 08.31 PM IST
Hindalco shares drop 2% after Novelis' Q1 net income drops 36% to $96 millionHindalco Industries' shares dropped after Novelis Inc, its US subsidiary, reported a 36% drop in net income to $96 million for Q1FY26. Desp...
12 Aug, 2025, 09.26 AM IST
Hindalco's arm Novelis eyes $300 mn savings, profitability boost from FY28Hindalco-owned Novelis expects $300M in cost savings from 2027-28, driven by operational efficiencies and SG&A initiatives. Two-thirds of t...
02 Apr, 2025, 04.23 PM IST
Hindalco to spend $10 billion on expanding operations in India and US: KM BirlaHindalco Industries plans to invest $10 billion in expanding its capacities across India and its US subsidiary Novelis Inc, as announced by...
23 Aug, 2024, 12.10 AM IST
Hindalco to pump in USD 10 billion for expansion in India, US: KM BirlaHindalco is currently evaluating a nearly 200,000 tonne-brownfield expansion at its Aditya Aluminium smelter in Odisha, which will be subst...
22 Aug, 2024, 07.43 PM IST
Hindalco net debt negative in India; in Q2, EBITDA per tonne to come in a bit lower than in Q1: Satish PaiHindalco reported higher-than-expected sales for the quarter, driven by strong demand and operational efficiency. Consolidated EBITDA soare...
14 Aug, 2024, 11.51 AM IST
Hindalco to spend nearly $7 billion on capex in 3-5 yearsHindalco Industries plans to invest $7 billion in capital expenditure over three-five years, focusing on Novelis and Hindalco India. The Ba...
30 Jul, 2024, 08.17 PM IST
Why brokerages remain positive on Hindalco stock despite a 14% fall on Novelis shocker?A clutch of brokerages remains optimistic about the long-term story of Hindalco expecting the company to benefit from Novlis capex, over ti...
14 Feb, 2024, 12.06 PM IST
Hindalco crashes over 12% on capex surge at NovelisUS-based Novelis Inc – a subsidiary of the company - said that the company will now spend $4.1 billion on the integrated rolling and recycl...
14 Feb, 2024, 05.43 AM IST
Novelis may take bridge loans for higher capex, says Hindalco MDNovelis, a subsidiary of Hindalco, will now spend $4.1 billion on its integrated recycling and rolling plant being set up in Bay Minette, U...
13 Feb, 2024, 04.39 PM IST
Hindalco shares tank 14% on Novelis' Bay Minette return guidance. Should you buy?The company reported net sales at $3.9 billion for the third quarter of fiscal year 2024, which decreased 6% versus the prior year period d...
13 Feb, 2024, 11.42 AM IST