Hindalco Q4 FY26: Revenue at 781b Rupees, EBITDA Margin at 12.82%
Hindalco Industries reported Q4 FY26 consolidated revenue of 781b Rupees versus 649b Rupees YoY, while net profit declined to 26b Rupees from 52.8b Rupees. EBITDA improved to 100b Rupees from 88.36b Rupees, though EBITDA margin contracted to 12.82% from 13.62% YoY. For the full year FY26, consolidated net profit stood at ₹13,391 crore on record EBITDA of ₹38,097 crore.

*this image is generated using AI for illustrative purposes only.
Hindalco Industries Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The Board of Directors, in its meeting held on May 22, 2026, approved the results and recommended a final dividend of ₹5 per equity share of ₹1 each, subject to shareholder approval. The record date for the dividend payment has been fixed as Friday, July 10, 2026. Additionally, the company has published the audio recording of the earnings call for Q4 and FY 2025-26 on its website.
Full Year Financial Performance
For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹13,391 crore, compared to ₹16,002 crore in the previous year. Total income for the year stood at ₹277,833 crore, up from ₹241,204 crore in FY25. Revenue from operations increased to ₹274,944 crore from ₹238,496 crore in the corresponding period of the previous year. Consolidated EBITDA for the year reached an all-time high of ₹38,097 crore.
Consolidated Financial Results (₹ in Crore)
| Particulars: | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|
| Revenue from operations | 274,944 | 238,496 |
| Total income | 277,833 | 241,204 |
| Total expenses | 252,370 | 217,991 |
| Profit for the period | 13,391 | 16,002 |
| Earnings per share (Basic) | 60.31 | 72.05 |
Q4 Consolidated Performance
For the quarter ended March 31, 2026, Hindalco reported consolidated revenue of 781b Rupees, compared to 649b Rupees in the same quarter of the previous year. Consolidated net profit for the quarter declined to 26b Rupees from 52.8b Rupees in the corresponding period. EBITDA for the quarter stood at 100b Rupees, compared to 88.36b Rupees year-on-year. The Q4 EBITDA margin came in at 12.82%, compared to 13.62% in the same quarter of the previous year.
Q4 Consolidated Key Metrics
| Metric: | Q4 FY26 | Q4 FY25 | Change (YoY) |
|---|---|---|---|
| Revenue | 781b Rupees | 649b Rupees | Higher |
| Net Profit | 26b Rupees | 52.8b Rupees | Lower |
| EBITDA | 100b Rupees | 88.36b Rupees | Higher |
| EBITDA Margin | 12.82% | 13.62% | Lower |
Segment Highlights
The India business delivered record performance across Aluminium Upstream, Downstream, and Copper segments. Aluminium Upstream EBITDA rose 16% to ₹18,884 crore, while Copper EBITDA increased 48% quarterly to ₹907 crore. Novelis reported an adjusted EBITDA of $544 per tonne for Q4 FY26, up 10%, despite lower volumes due to the Oswego disruption.
Historical Stock Returns for Hindalco Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.15% | -1.40% | -4.09% | +17.89% | +56.50% | +171.98% |
How will Hindalco's India aluminium and copper segments sustain their record performance amid potential global commodity price volatility and rising input costs in FY27?
What is the timeline and financial impact of resolving the Oswego plant disruption at Novelis, and how might it affect Novelis's volume recovery and EBITDA per tonne in the coming quarters?
Given the significant decline in consolidated net profit despite record EBITDA, what are the key cost or non-operating factors driving this divergence, and are they expected to persist into FY27?

































