HINDALCONSEHindalco Industries Limited· AluminiumHighNeutral
Announced Thu, 12 Feb · 17:08 IST

Hindalco Industries Limited has informed the Exchange regarding Board meeting held on February 12, 2026.

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctExceptional ItemResults View source PDF

HINDALCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindalco's Board approved its Q3 FY26 results on February 12, 2026. On a standalone basis, revenue from operations rose about 23% year-on-year to ₹29,264 crore (vs ₹23,776 crore) and profit after tax more than doubled to ₹3,017 crore (vs ₹1,463 crore), aided by a ₹212 crore deferred tax write-back from opting into the Section 115BAA tax regime and a ₹314 crore earlier-year current tax reversal. For the nine months ended December 31, 2025, standalone revenue grew 15% to ₹78,309 crore and PAT jumped 48% to ₹7,146 crore. On a consolidated basis, Q3 revenue grew 14% to ₹66,521 crore, but PAT fell to ₹2,049 crore from ₹3,735 crore due to a ₹2,610 crore exceptional charge (US$291 million) tied to the second fire at Novelis' Oswego, New York plant (the nine-month exceptional impact is ₹2,792 crore / US$312 million). Nine-month consolidated PAT was nearly flat at ₹10,794 crore. The auditor (Price Waterhouse) flagged the CBI chargesheet related to a coal mine deallocated in 2014-15 as an emphasis-of-matter, noting the financial impact is not currently determinable. The company also completed the acquisition of EMIL Mines and Mineral Resources (Bandha coal mines) on December 1, 2025, and A.V. Minerals raised a US$800 million five-year term loan during the quarter.

Likely market impact

Standalone earnings strength is the key positive, while consolidated results are temporarily dented by a one-off, insurance-recoverable Novelis fire loss, so underlying operations remain healthy. The unresolved CBI matter on the 2014-15 coal mine is a continuing overhang to monitor, though no quantifiable impact has been identified yet.