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saurabh mittal

19th Mar · SEBI-Registered Analyst

Hindalco Industries Ltd not halted aluminium extrusion operations

HINDALCO
has not halted aluminium extrusion operations despite a minor Force Majeure from gas suppliers affecting <0.10% of total ops; primary aluminium, downstream, and other segments run normally via captive/alternate power. Q3 FY26 cons PAT fell 45% YoY to ₹2,049 Cr on ₹57,821 Cr revenue (+14% YoY), EBITDA ₹7,156 Cr (margin 12.4%); Novelis Oswego fires delayed restart, denting ~₹14,400 Cr cash flows (insurance recoverable, recovery Q2 CY26). Novelis filed $225 Mn municipal bond offering Mar 12; Aditya Holdings acquired AluChem Inc. for $125 Mn to boost high-tech alumina; Odisha FRP/battery foil facilities commissioned, ₹21,000 Cr smelter expansion announced.

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