HINDALCO

is back in focus after delivering a solid quarterly performance 💪

Strong upstream aluminium EBITDA helped offset margin pressure at subsidiary Novelis Inc., which faced operational disruptions due to the Oswego fire. Consolidated EBITDA came in close to ₹8,000 crore, largely in line with Street expectations, as highlighted by Axis Securities. With aluminium prices firm and expansion projects underway, the medium-term outlook remains constructive. Temporary margin dip, but the structural story stays intact. 🔥