Hindalco Q1 FY27 results: Profit jumps 75% to ₹7,013 cr

Record quarter sets the tone for FY27

Hindalco Industries Ltd reported its highest-ever quarterly consolidated net profit for the April to June quarter of FY27, with profit rising to ₹7,013 crore. The profit was up 75% from ₹4,004 crore in the year-ago period, supported by what the company described as strong performance across businesses. Consolidated revenue climbed 32% year-on-year to a record ₹84,825 crore. EBITDA rose 73% to an all-time quarterly high of ₹14,989 crore. The quarter ended June 30, 2026, and the results were approved at the company’s Board meeting held on August 7, 2026.

Stock reaction: early gains, then some profit-taking

Hindalco shares extended early gains after the Q1 results and were reported trading 1.85% higher at ₹1,046 in afternoon trade on Friday, August 7. Another update from the same session said the stock was up 0.63% at ₹1,033.50 in afternoon trade, indicating it pared part of the initial move. The price action followed the announcement of Q1 FY27 consolidated and standalone numbers. The trading day also came shortly after Novelis, Hindalco’s wholly owned subsidiary, released its own Q1 FY27 earnings earlier in the week.

Consolidated financial snapshot: revenue, EBITDA, and profit

For the quarter ended June 30, 2026, Hindalco reported consolidated revenue from operations of ₹84,825 crore, supported by other income of ₹1,057 crore. Total income stood at ₹85,882 crore, while total expenses were ₹74,196 crore. Profit before tax was reported at ₹9,393 crore, and tax expenses were ₹2,595 crore. Profit for the period was ₹7,013 crore. Total comprehensive income was reported at ₹15,513 crore.

Standalone results: profit up 156% year-on-year

On a standalone basis, Hindalco reported profit of ₹4,784 crore for the quarter ended June 30, 2026, compared with ₹1,862 crore a year earlier, a 156% year-on-year rise. Standalone revenue from operations came in at ₹30,515 crore versus ₹24,264 crore, up 25.8% year-on-year. The company also reported other income of ₹345 crore on the standalone statement. Standalone EBITDA was ₹6,985 crore versus ₹3,138 crore in the year-ago period. EBITDA margin improved to 22.9% from 12.9%.

Segment operating performance: aluminium, copper, and Novelis

Hindalco said Aluminium Upstream, Aluminium Downstream, Copper and Novelis all delivered their highest-ever quarterly EBITDA during the period. The aluminium upstream business posted record quarterly EBITDA of ₹7,390 crore, up 81% year-on-year. Copper EBITDA rose 36% to a record ₹918 crore. Novelis was also cited as delivering its highest-ever quarterly adjusted EBITDA at ₹4,875 crore, up 37% from a year earlier. These segment-level records were presented as the key drivers of the consolidated EBITDA high.

Novelis’ own filing: net sales, profitability, and volumes

In an exchange filing dated August 5, 2026, Novelis reported net sales of $1,793 million for Q1 FY27, up 23% year-on-year. Adjusted EBITDA was $116 million, up 24% year-on-year, and profit after tax was $164 million, up 71% year-on-year. Novelis also reported adjusted EBITDA per tonne of $163, up 30% year-on-year. Shipments were down 5% to 916 kilotonnes, with the company citing the Oswego fire impact. Novelis said the Oswego hot mill restarted in June, and commissioning at the Bay Minette plant was underway, with commercial shipments expected in Q1 FY28.

Cash flow, leverage, and cost savings at Novelis

Novelis reported net cash used in operating activities as an outflow of $155 million in Q1 FY27, compared with an inflow of $105 million in the corresponding quarter of the previous fiscal year. It attributed the change largely to higher working capital from rising aluminium prices and impacts from the Oswego fires, net of insurance recoveries. Adjusted free cash flow was reported as an outflow of $1.1 billion, compared with an outflow of $195 million a year earlier. Novelis reported a net leverage ratio of 4.5x and liquidity of $1.1 billion. It also disclosed a cost savings run-rate of over $125 million, with targets of $100 million by FY27 end and $150-400 million by FY28. The company said it expects positive free cash flow by the end of FY27 Q4.

Corporate actions and compliance: board approval and trading window

Hindalco said its Board meeting on August 7, 2026, considered and approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also noted that the trading window for dealing in its securities would remain closed for 48 hours following the announcement, applicable to designated persons. Separately, the company had scheduled its earnings conference call for August 7, 2026 at 4:00 PM IST.

Key numbers at a glance

Why the quarter matters for investors

The Q1 FY27 print adds a high base for the year, with records reported across consolidated profit, revenue, and EBITDA. The mix also matters because the company highlighted peak quarterly EBITDA across Aluminium Upstream, Aluminium Downstream, Copper and Novelis. For shareholders tracking the consolidated picture, Novelis’ operating metrics, including shipments of 916 kilotonnes and the Oswego restart in June, are closely watched due to their influence on consolidated performance. The company’s disclosures around governance, including Board approval of unaudited results and the trading window closure, are routine but important markers of compliance. The next formal checkpoint for markets was the scheduled earnings call at 4:00 PM IST on August 7.

Conclusion

Hindalco’s Q1 FY27 numbers showed record consolidated profit of ₹7,013 crore, revenue of ₹84,825 crore and EBITDA of ₹14,989 crore, with key segments reporting their highest-ever quarterly EBITDA. The stock traded higher on August 7, though updates indicated it pared part of its early gains. Novelis’ Q1 release earlier in the week provided additional context on volumes, cash flow and ongoing operational updates such as the Oswego restart and Bay Minette commissioning. Investors will typically look to the management commentary from the scheduled earnings call for further detail on segment drivers and the period ahead.