Hindalco Industries Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "Hindalco Reports Q3 FY26 Results".
HINDALCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hindalco reported Q3 FY26 consolidated revenue of ₹66,521 crore, up 14% year-on-year, driven by record India business performance. Consolidated EBITDA grew 5% to ₹8,543 crore, while India business PAT hit an all-time high of ₹3,581 crore, up 24%. However, reported consolidated PAT fell 45% to ₹2,049 crore, weighed down by a ₹2,610 crore exceptional expense linked to fire-related disruptions at the Novelis Oswego plant in the US. Copper segment revenue surged 33% to ₹18,233 crore on higher prices, though copper EBITDA dipped to ₹595 crore. The company also highlighted capacity expansion plans — aluminium capacity rising from 1.3 MT to 1.7 MT and copper smelting from 400 KT to 700 KT — and noted that the Bay Minette project remains on track for H2 FY27 commissioning.
Short-term shareholders face a sharp drop in reported earnings due to one-off Oswego fire costs, but underlying operations remain healthy with strong India business growth and steady EBITDA. The rise in net debt-to-EBITDA from 1.33x to 1.73x warrants monitoring, though it remains comfortable. Stock may see pressure on headline PAT miss but could be supported by strong India segment momentum and clear growth roadmap.