Hindalco Q4 Results FY26: Profit, Revenue and Dividend

What Hindalco reported for the March quarter

Hindalco Industries, the flagship metals company of the Aditya Birla Group, reported its March-quarter performance as investors tracked both earnings momentum and updates from its US subsidiary, Novelis. Market attention stayed on profit growth, costs, and dividend announcements, alongside commentary on operations impacted by the fire at Novelis’ Oswego facility in New York.

In market reports dated May 22, 2026, Hindalco’s March-quarter (Q4FY26) standalone net profit was reported at ₹2,934 crore, up 88% year-on-year from ₹1,561 crore. The same report cited standalone revenue of ₹34,244 crore, up 36.3% year-on-year, and EBITDA of ₹5,145 crore, up 72% year-on-year. EBITDA margin was reported to have expanded by 300 basis points.

Separately, a quarterly financial snapshot (figures in ₹ crore, except per share values) also circulated with quarter labels Mar 25, Dec 25, and Mar 24, and noted that comparisons were on a quarter-on-quarter basis for the sequential column.

Quarterly snapshot: revenue, operating income, and PAT

The quarterly table showed total revenue of ₹64,890 crore for Mar 25, compared with ₹66,521 crore in Dec 25 and ₹55,994 crore in Mar 24. Operating income for Mar 25 was listed at ₹6,724 crore, up from ₹3,164 crore in Dec 25 and ₹4,663 crore in Mar 24. Net income (PAT) was reported at ₹5,283 crore for Mar 25 versus ₹2,049 crore in Dec 25 and ₹3,174 crore in Mar 24.

Net income before taxes was listed at ₹6,550 crore for Mar 25 compared with ₹2,829 crore in Dec 25 and ₹4,136 crore in Mar 24. The same snapshot listed diluted normalized EPS at 26.54 for Mar 25, compared with 17.65 in Dec 25 and 14.80 in Mar 24.

Key quarterly figures (as provided)

Cost line items and what changed sequentially

The same quarterly snapshot indicated a sequential easing in operating expenses and depreciation. Total operating expense was listed at ₹58,166 crore for Mar 25 versus ₹63,357 crore in Dec 25, while depreciation/amortisation was ₹2,118 crore versus ₹2,220 crore.

Selling, general and administrative expenses were listed at ₹3,930 crore for Mar 25 compared with ₹4,349 crore in Dec 25. In the same period, operating income was reported to have improved to ₹6,724 crore from ₹3,164 crore.

These reported movements, alongside higher net income, were among the data points investors focused on while tracking management commentary and near-term operating conditions.

Standalone results highlights: profit, revenue, and EBITDA margin

A separate report on Q4FY26 standalone performance said Hindalco’s net profit rose 88% year-on-year to ₹2,934 crore. It also stated that revenue increased 36.3% year-on-year to ₹34,244 crore.

EBITDA was reported at ₹5,145 crore, up 72% year-on-year, with margins expanding by 300 basis points. The same coverage framed these numbers as a strong March-quarter showing, with the prior-year quarter’s net profit stated at ₹1,561 crore.

Dividend: ₹5 per share and the key dates to track

Hindalco declared a dividend of ₹5.00 per share. The record date cited for the dividend was 08-Aug-2025, and the ex-dividend date was also cited as 08-Aug-2025 in the provided text. Registered shareholders owning shares on or before the record date were described as eligible for the payout.

The dividend was also described as a final dividend of ₹5 per share for FY26, subject to shareholder approval at the company’s upcoming annual general meeting (AGM). Separately, the text noted FY26 interim dividends paid so far totalled ₹3 per share.

Dividend trail and dates (as provided)

Stock reaction: 3% jump after results headline, 4% intraday move earlier

One market line in the provided text said Hindalco Industries’ share price jumped 3% after the announcement of Q4 results, based on a 2026 results-date reference.

Separately, the stock was also reported to have climbed 4% to an intraday high of ₹1,089.60 on the BSE on Wednesday, May 20, after Novelis reported quarterly results and provided an operational update on the fire-hit Oswego facility.

A separate snapshot in the text cited: price (24 Apr 2026) at ₹1,048.20, 52-week high at ₹1,029.60, P/E (TTM) at 13x, price-to-book value at 1.74x, EV/EBITDA at 8.42x, and dividend yield at 0.48%. It also listed 5-year sales growth of 16.72% and average ROCE of 12.97%.

Novelis update: Oswego fire impact and quarterly loss

Novelis, Hindalco’s US subsidiary, reported a net loss of $14 million for the fourth quarter, compared with a net profit of $194 million in the corresponding period last year. The reported loss was linked in the text to fire incidents at its Oswego plant, which continued to affect operations and cash flows.

Adjusted EBITDA for Novelis was reported to have fallen 3% year-on-year to $159 million. The Oswego update was one of the key inputs for investors trying to assess near-term operational normalisation and any lingering disruption.

What the company communicated on timing and investor calls

Hindalco said in an exchange filing dated May 13 that it would announce its Q4 and FY26 financial results on Friday, May 22, followed by a conference call with investors. The filing described the results as covering the fourth quarter and the full year ended March 31, 2026.

In a separate filing, the company also informed exchanges that Novelis would hold a conference call on Tuesday, May 19, after announcing its financial results for the March quarter on the same day.

Street expectations mentioned in the run-up to results

Ahead of the results, brokerage firm Motilal Oswal was cited as anticipating Hindalco’s EBITDA to fall 2.2% year-on-year to ₹8,640 crore. The same note said it expected net profit to drop 21% year-on-year to ₹4,170 crore.

These were positioned as expectations into the event, alongside investor focus areas such as revenue trajectory, margin movement, and any guidance elements discussed during the conference call.

Why the update matters for investors

The March-quarter coverage combined three separate investor drivers in a tight time window: Hindalco’s profit and margin performance, its dividend declaration and key eligibility dates, and the operational update around Novelis’ Oswego facility.

For market participants, the linkage is direct. Hindalco’s consolidated narrative often depends not just on domestic aluminium and downstream performance but also on the earnings trajectory and operational stability of Novelis. In this context, the US subsidiary’s reported net loss and EBITDA movement became as relevant as Hindalco’s own quarterly profit growth and dividend action.

Conclusion

Hindalco’s March-quarter reports highlighted sharp year-on-year growth in standalone net profit to ₹2,934 crore and a final dividend declaration of ₹5 per share, while broader quarterly snapshots also pointed to higher operating income and net income versus the immediately preceding quarter. The next formal checkpoints cited in the text were the results-day discussion and the scheduled conference calls for Hindalco and Novelis, where investors typically look for management clarity on operational performance and near-term priorities.