$HINDALCO

Hindalco Industries, the flagship company of the Aditya Birla Group and one of the world’s largest aluminium rolling companies, on Friday reported a sharp decline in its March quarter earnings, impacted by a steep rise in expenses linked to disruptions at the Oswego plant following a fire incident, which was partly offset by cost-efficiency benefits at Novelis and record quarterly profits from its India business. The company reported a consolidated net profit of ₹2,597 crore in Q4FY26, marking a 51% decline from ₹5,284 crore posted in the same period last year. This also marked the second consecutive quarter in which the company reported a year-on-year decline in profit.