HINDALCONSEHindalco Industries Limited· AluminiumHighNeutral
Announced Thu, 12 Feb · 17:06 IST

Hindalco Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Revenue Growth 20pctPat Growth 25pctExceptional ItemEmphasis Of MatterResults 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 reported strong Q3 FY26 results on a standalone basis, with revenue rising 23% year-on-year to ₹29,264 crore and profit after tax more than doubling to ₹3,017 crore from ₹1,463 crore a year ago. On a consolidated basis, revenue grew nearly 14% to ₹66,521 crore, but Q3 profit fell sharply to ₹2,049 crore from ₹3,735 crore due to a ₹2,610 crore (US$291 million) exceptional charge linked to a second major fire at Novelis' Oswego plant in New York. For the nine-month period, consolidated PAT was largely flat at ₹10,794 crore versus ₹10,718 crore, while standalone PAT grew 48% to ₹7,146 crore. The company also booked a ₹465 crore deferred tax write-back by opting into the new Section 115BAA tax regime, completed the acquisition of EMIL Mines and Mineral Resources (Bandha coal mines) in December, and drew a US$800 million term loan partly infused into Novelis for capital projects. The auditor's review report flags an emphasis-of-matter on an ongoing CBI chargesheet related to a coal mine deallocated in 2014-15, with financial impact currently not determinable.

Likely market impact

The strong standalone performance shows healthy demand and pricing in Hindalco's Indian aluminium and copper businesses, but the Novelis fire is a significant near-term earnings drag that the stock may price in negatively despite being insured. Investors should watch for further updates on the CBI matter and Novelis plant restoration timelines.