Hindalco Industries, the flagship metals arm of the Aditya Birla Group, reported a 10% rise in its standalone net profit to Rs 1,561 crore for the March quarter, as strong performance in its Indian businesses drove both top and bottom lines. The company had posted a net profit of Rs 1,412 crore in the same quarter last year. Standalone revenue from operations rose 13% to Rs 25,116 crore.
On a consolidated basis, revenue from operations stood at Rs 64,890 crore, marking a 16% year-on-year increase from Rs 55,994 crore in Q4 FY24. EBITDA for the quarter came in at Rs 10,296 crore, up 43% year-on-year from Rs 7,201 crore in the same quarter last year. Profit after tax (PAT) rose to Rs 5,284 crore, compared to Rs 3,735 crore in Q3 FY25 and Rs 3,174 crore in Q4 FY24, up 66% year-on-year. Basic earnings per share (EPS) for the quarter was Rs 23.80.
For the full year ended March 31, 2025, revenue from operations totalled Rs 2,38,496 crore, up 10% from Rs 2,15,962 crore in FY24. Annual EBITDA rose 38% to Rs 35,496 crore, while PAT stood at Rs 16,002 crore, compared to Rs 10,155 crore in the previous year.
“Hindalco delivered an all-time high performance in FY25, driven by strong operational resilience, cost discipline, and continued momentum across all our businesses. Our Aluminium Upstream business in India remained a strong anchor, complemented by robust growth in the downstream business. The Copper business achieved a record EBITDA backed by strong value-added product sales,” said Satish Pai, Managing Director, Hindalco Industries.
The Aditya Birla Group company also announced the acquisition of a 100% equity stake in EMIL Mines and Mineral Resources Limited, the leaseholder of the Bandha coal block.
Novelis Faces Headwinds
Novelis, Hindalco’s US-based subsidiary, saw a modest 1% year-on-year growth in shipments to 957 KT in Q4 FY25. Revenue rose 13% to $4.6 billion, driven by higher average aluminium prices.
However, adjusted EBITDA fell 8% to $473 million, impacted by rising aluminium scrap prices and operating costs, though improved product pricing provided partial relief. Net income surged 77% to $294 million, supported by favourable metal price lag, derivative gains, and lower income tax provisions.
“Despite headwinds, Novelis delivered a resilient performance with strong shipments in both the fourth quarter and the full year, led by robust demand for beverage packaging,” Pai said.
In India’s Aluminium Upstream segment, revenue rose 22% year-on-year in Q4 FY25 to Rs 10,311 crore, while EBITDA surged 79% to a record Rs 4,838 crore, driven by lower input costs and favourable market conditions. EBITDA per tonne rose 74% to $1,684, with industry-leading margins of 47%.
Downstream aluminium sales remained flat at 105 KT, but revenue increased 23% to Rs 3,595 crore. Segment EBITDA reached a record Rs 219 crore, up 52%, supported by a favourable product mix.
In the Copper segment, metal sales were steady at 135 KT in Q4 FY25, while continuous cast rod (CCR) sales hit a record 109 KT, up 12%. Revenue rose 8% year-on-year to Rs 14,565 crore, and segment EBITDA stood at Rs 614 crore.
The company said that Despite pressure from lower treatment and refining charges (TC/RCs), the segment maintained profitability.
The company has recommended a dividend of Rs 5 per equity share of face value Re 1 for the financial year ended March 31, 2025. Shares of Hindalco Industries Ltd closed 1.16% higher on the NSE at Rs 666.