Hindalco Industries reported a 75% year-on-year jump in first-quarter net profit to ₹7,013 crore, driven by a sharp rise in global metal prices and favorable input costs.
The Aditya Birla Group’s flagship metals company saw revenue climb 32% to ₹84,825 crore, while EBITDA more than doubled to ₹14,989 crore, marking a record performance for its aluminium segment.
Peer Vedanta Aluminium recently reported a 205% surge in net profit for the same quarter, while Vedanta Limited posted a 72% increase in consolidated net profit.
The results were underpinned by a significant increase in London Metal Exchange (LME) aluminium prices, which averaged $3,577 per tonne in the quarter, up from $2,447 per tonne in the same period last year.
This price surge, combined with the company’s low-cost production structure, expanded margins substantially across the board.
Hindalco’s performance reflects a broader tailwind for Indian metals producers.
Peer Vedanta Aluminium recently reported a 205% surge in net profit for the same quarter, while Vedanta Limited posted a 72% increase in consolidated net profit.