Hindalco posts record quarterly profit, up 59%

Hindalco Industries HINDALCO reported record consolidated profit after tax of ₹7,533 crore for the September 2026 quarter, up 59% year on year. Revenue from operations increased 39% to ₹91,708 crore. Stronger upstream aluminium earnings, record copper EBITDA, and improved performance at Novelis supported the quarter. Net debt rose to 1.80 times EBITDA from 1.23 times a year earlier. What I’m watching: Aluminium and copper prices, the start-up of Novelis’s Bay Minette plant, and net debt. Stance: Several businesses contributed to the record quarter. With leverage higher, cash generation will be important as new capacity comes online. Disclosure: This post is for educational purposes only and does not constitute investment advice or a buy or sell recommendation.