Mumbai: Hindalco Industries, the flagship metals firm of the Aditya Birla Group, on Thursday reported a forty five per cent fall in its consolidated internet revenue for the December quarter (Q3 FY26). The corporate’s internet revenue declined to Rs 2,049 crore within the December quarter, in contrast with Rs 3,735 crore in the identical interval final monetary 12 months (Q3 FY25), in line with its inventory change submitting.
Press Launch |
On a sequential foundation, revenue after tax fell much more sharply by 57 per cent from Rs 4,741 crore reported within the September quarter (Q2 FY26). Regardless of the drop in revenue, Hindalco’s income from operations elevated 14 per cent year-on-year to Rs 66,521 crore throughout the quarter, up from Rs 58,390 crore a 12 months in the past. In comparison with the earlier quarter, income rose marginally by 0.7 per cent from Rs 66,058 crore. Hindalco stated the decline in revenue was primarily on account of disruptions on the Oswego aluminium plant of its subsidiary Novelis in the US.
The plant in Oswego, New York, confronted two main hearth incidents within the sizzling mill space, one on September 16, 2025, and one other on November 21, 2025. Novelis Inc., which is headquartered in Atlanta, Georgia, is an entirely owned subsidiary of Hindalco. The corporate shared an replace on these hearth incidents on February 11. Earlier than accounting for distinctive objects, Hindalco’s consolidated revenue after tax stood at Rs 4,051 crore, displaying an 8 per cent enhance year-on-year.
Nonetheless, the corporate reported an distinctive merchandise of Rs 2,610 crore, which considerably impacted the reported revenue. Primary earnings per share additionally fell sharply, declining 45 per cent year-on-year to Rs 9.23 from Rs 16.82 within the corresponding quarter of the earlier monetary 12 months. Commenting on the efficiency, Satish Pai, Managing Director of Hindalco Industries, stated the corporate managed to maintain development momentum regardless of international volatility.
He highlighted that the sturdy efficiency of the India enterprise, which delivered an all-time excessive, helped offset the affect of worldwide tariffs and the disruption at Oswego. He added that disciplined value administration and operational efficiencies throughout segments supported the corporate throughout the quarter.
Disclaimer: This story is from the syndicated feed. Nothing has been modified besides the headline.
