Hindalco Q2 results: consolidated profit rises 59% to Rs 7,533 crore as revenue grows 39%

Hindalco Q2 results show Hindalco Industries reported a consolidated profit after tax of Rs 7,533 crore for the second quarter of FY27 (July-September 2026), up 59% from Rs 4,741 crore a year earlier. Consolidated revenue from operations rose 39% to Rs 91,708 crore. The figures come from the company’s media release filed with the exchanges on 6 November 2026. The company describes both revenue and profit as its highest ever for a quarter.

Hindalco Q2 results: key numbers

Measure (Rs crore, consolidated)	Q2 FY27	Q2 FY26	Change
Revenue from operations	91,708	66,058	+39%
EBITDA	13,757	9,684	+42%
Profit before tax (after exceptional item)	10,594	6,540	+62%
Profit after tax	7,533	4,741	+59%
Basic EPS (Rs per share)	33.93	21.35	+59%

EBITDA is earnings before interest, tax, depreciation and amortisation, a measure of operating profit before those items.

Why Hindalco profit rose

The company credited its India business and the recovery at its US subsidiary Novelis. Segment figures in the release show:

• Aluminium upstream: EBITDA of Rs 7,009 crore, up 55%, on favourable market prices, higher shipments and better operations.
• Copper: EBITDA of Rs 1,673 crore, up 164%, on high metal prices and better by-product realisations such as sulphuric acid. The release also mentions one-time gains in this segment.
• Novelis: adjusted EBITDA of $508 million, up 20%, as production at the Oswego plant returned to normal levels.
• Aluminium downstream: EBITDA of Rs 329 crore, up 26%.

Exceptional items

Hindalco reported a net exceptional income of Rs 284 crore in Q2 FY27, against a net expense of Rs 182 crore a year earlier. This lifted profit before tax in the latest quarter.

Managing director Satish Pai said the strategy of building an integrated business is producing a stronger and more resilient earnings profile.

What to watch next

Net debt to EBITDA was 1.80x on 30 September 2026, against 1.23x a year earlier. The company says the Bay Minette plant of Novelis is targeting first hot mill coil in Q4 FY27 and commercial shipments from Q1 FY28. Read more in our results news section, and see our earlier story on Hindalco and Novelis results.