Hindalco Industries Limited , a leading player in the Indian aluminum and copper industry, has reported strong financial results for the second quarter, showcasing significant growth in both revenue and profitability.

Key Financial Highlights

Revenue Growth

Hindalco Industries' consolidated revenue for the quarter stood at ₹66,058.00 crore, marking a substantial 13.00% increase from ₹58,203.00 crore in the same quarter last year. This growth demonstrates the company's strong market position and ability to capitalize on favorable market conditions.

Profitability Boost

The company's bottom line saw a remarkable improvement, with consolidated profit after tax reaching ₹4,741.00 crore, up 21.20% from ₹3,909.00 crore in the corresponding quarter of the previous year. This performance highlights Hindalco Industries' ability to enhance profitability in a challenging market environment.

Segment Performance

India Aluminium Upstream

The India aluminium upstream business delivered particularly strong results, with EBITDA rising 22.00% to ₹4,524.00 crore.

Aluminium Downstream

The aluminium downstream segment showed even more impressive growth, with EBITDA surging 69.00% to ₹261.00 crore. These results underscore the company's success in both primary production and value-added products.

Novelis Performance

Hindalco's subsidiary Novelis reported flat shipments despite market headwinds, demonstrating resilience in challenging conditions.

Management Commentary

Managing Director Satish Pai attributed the strong performance to disciplined cost management, operational efficiencies, and the company's integrated business model. This approach has enabled Hindalco to navigate market challenges effectively and deliver robust results.

Market Implications

Hindalco Industries' robust quarterly results reflect the company's strong position in the aluminum and copper markets. The significant revenue growth suggests improved demand and potentially higher realization prices for its products. The substantial increase in net profit, outpacing revenue growth, indicates effective cost management and operational efficiency.

Conclusion

Hindalco Industries' ability to deliver strong growth in both revenue and profitability demonstrates its resilience and strategic positioning in the metals sector. As the company continues to focus on value-added products and operational excellence, it remains well-placed to capitalize on the growing demand for aluminum and copper products in various industries.

Hindalco Industries Limited , a leading aluminum and copper manufacturing company, is facing multiple challenges as its subsidiary Novelis reported disappointing results, leading to several broker downgrades. Simultaneously, the company has launched a shareholder-focused initiative to help claim unpaid dividends.

Novelis Results and Impact

Novelis, a subsidiary of Hindalco, reported net sales of $4.7 billion, up 10% year-over-year. However, EBITDA declined to $422 million from $462 million previously. The company faced a $54 million negative impact from Trump administration tariffs, nearly double the previous quarter's $28 million hit.

A fire at Novelis' Oswego plant is expected to impact cash flow by $550-650 million and EBITDA by $100-150 million, though 70-80% may be recoverable through insurance. Net debt reached $5.8 billion, the highest level in 21 quarters.

The Bay Minette project costs have escalated from an initial $2.5 billion to $5 billion due to inflation and execution complexities.

Broker Downgrades

Following these results, multiple brokerages downgraded Hindalco:

• Investec cut it to 'sell' with a ₹693 target
• Axis Capital reduced it to 'reduce' with ₹770 target
• Nuvama downgraded to 'hold' with ₹838 target
• Equirus moved to 'reduce' with ₹790 target

Hindalco shares closed 2% lower at ₹830.85, despite gaining 40% year-to-date.

'100 Days Campaign - Saksham Niveshak' Initiative

In a separate development, Hindalco has announced the launch of a '100 Days Campaign - Saksham Niveshak' initiative aimed at helping shareholders claim their unpaid or unclaimed dividends. The campaign, which runs from July 28 to November 6, 2025, is in response to a request from the Investor Education and Protection Fund Authority (IEPFA) of the Ministry of Corporate Affairs (MCA).

Key Objectives of the Campaign

The primary goals of this campaign are:

1. To create awareness among shareholders about updating their details
2. To facilitate the claiming of unpaid or unclaimed dividends before they are transferred to the Investor Education and Protection Fund (IEPF)

Benefits for Shareholders

Participating in this campaign offers several advantages to Hindalco's shareholders:

• Opportunity to update crucial information such as PAN, nomination details, contact information, bank account details, and specimen signatures
• Ensuring timely receipt of future dividend payments through electronic mode
• Preventing the transfer of unclaimed dividends to the IEPF

How Shareholders Can Participate

Hindalco has outlined specific steps for shareholders to update their information and claim unpaid dividends:

For Physical Shareholders

• Submit Form ISR-1 with self-attested KYC documents
• Provide Form ISR-2 with banker's attestation of signature and original cancelled cheque or self-attested bank statement
• Submit Form SH-13 for adding a nominee or Form ISR-3 to opt out of nomination

For Electronic Shareholders

• Update details with respective Depository Participants (DPs)

Submission Methods

Shareholders can submit their documents through various channels:

• By post to MUFG Intime India Private Limited, the company's Registrar & Transfer Agent
• Via email from registered email IDs with digitally signed documents
• Online through MUFG's portal

Deadline and Support

Hindalco urges shareholders to submit their documents by November 6, 2025. For any assistance regarding the campaign, shareholders can reach out to the company at hilinvestors@adityabirla.com .

This proactive approach by Hindalco not only complies with regulatory requirements but also demonstrates the company's commitment to shareholder welfare. By facilitating the claiming of unpaid dividends, Hindalco is ensuring that shareholders receive their rightful returns and strengthening the trust between the company and its investors.