Hindalco Industries Ltd reported a robust Q2 FY26 performance with consolidated net profit rising 21.3%

reported a robust Q2 FY26 performance with consolidated net profit rising 21.3% year-on-year to ₹4,741 crore, driven by strong performance in both its Indian operations and its US-based subsidiary, Novelis. Revenue rose 13.5% to ₹66,058 crore amid higher aluminium and copper prices. Aluminium upstream EBITDA increased 22% to ₹4,500 crore, and the downstream segment posted a 69% rise to ₹261 crore. Despite a fire incident at Novelis’ Oswego plant, the facility is expected to restart operations by the end of November, and the company is deploying $750 million in equity to support the subsidiary’s recovery. Hindalco also announced the second phase of its Aditya Aluminium expansion project, adding 193 KT capacity at a cost of ₹10,225 crore, expected to commission by FY29. The company maintains optimism about Indian aluminium demand, particularly from packaging, automotive, and electrical sectors, and continues its focus on sustainability and operational efficiency.