Hindalco Q4 Results 2026: Profit, revenue, ₹5 dividend

What Hindalco reported in the latest Q4 updates

Hindalco Industries released multiple March-quarter (Q4) result updates that showed a mixed picture depending on whether the lens was consolidated or standalone performance. The company also announced a final dividend of ₹5 per share, subject to shareholder approval at the upcoming AGM, as cited in the updates.

One consolidated snapshot in the updates showed profit up 26.7% quarter-on-quarter (QoQ) to ₹2,597 crore from ₹2,049 crore, alongside revenue up 17.5% QoQ to ₹78,133 crore from ₹66,521 crore. EBITDA in the same consolidated snapshot was shown rising 25.3% QoQ to ₹10,018 crore from ₹7,994 crore, with EBITDA margin at 12.8% versus 12%.

At the same time, another part of the updates pointed to a sharp year-on-year (YoY) rise in standalone profitability for the March quarter. This mix of consolidated and standalone figures, and different comparison bases (QoQ vs YoY), is central to understanding why the headline numbers can look contradictory in a live results feed.

Consolidated QoQ: profit up, margins slightly higher

In the consolidated QoQ highlights cited, Hindalco’s profit increased to ₹2,597 crore versus ₹2,049 crore. Revenue for the quarter was listed at ₹78,133 crore compared with ₹66,521 crore in the prior quarter.

Operating performance also improved in that view. EBITDA was reported at ₹10,018 crore versus ₹7,994 crore, while EBITDA margin moved to 12.8% from 12%. These figures, taken together, suggest a sequential improvement in operating profitability.

But the same set of highlights also referenced a “one-time loss” of ₹4,171 crore versus ₹2,610 crore. The updates did not detail every line item behind this loss, but the presence of a large one-time cost helps explain why profit outcomes can diverge from operating trends.

Consolidated profit fall narrative: one-time cost and estimate miss

A separate update in the feed stated that consolidated net profit fell 50.8% to ₹2,597 crore for the three months ended March 31 and that the company missed analysts’ estimates of ₹4,312 crore, according to LSEG-compiled data mentioned in the text.

This update attributed the pressure to expenses linked to a fire-related disruption at the company’s US unit Novelis. It also said those costs offset benefits from higher base metal prices. The same update noted this was the second straight quarter of surprise profit decline.

Taken together, the feed indicates that while operating metrics and sequential revenue may have improved, non-recurring or disruption-linked expenses played a decisive role in shaping the consolidated profit headline cited in that segment.

Standalone YoY: net profit up 88%, EBITDA up 72%

Another update focused on standalone performance for the March quarter and reported an 88% YoY increase in standalone net profit to ₹2,934 crore, compared with ₹1,561 crore in the corresponding quarter last year.

In that standalone view, revenue rose 36.3% YoY to ₹34,244 crore. EBITDA was reported at ₹5,145 crore, up 72% YoY from ₹2,999 crore. The update added that EBITDA margins expanded by 300 basis points YoY to 15%.

The key takeaway is that the standalone performance metrics cited in the feed painted a stronger YoY operating and profit trajectory than the consolidated miss narrative, underscoring the importance of scope and base when reading Q4 result headlines.

Another consolidated set: revenue ₹64,890 crore and PAT ₹5,284 crore

The provided text also included a separate set of consolidated highlights: Q4 revenue at ₹64,890 crore, up 16% YoY from ₹55,994 crore, and Q4 net profit (PAT) at ₹5,284 crore, up 66% YoY from ₹3,174 crore.

This same segment referenced consolidated EBITDA at ₹10,296 crore, up 43% YoY, and also cited “record Aluminium Upstream quarterly EBITDA” at ₹4,838 crore, up 79% YoY. The updates additionally listed FY25 revenue of ₹2,38,496 crore (up 10% YoY), FY25 PAT of ₹16,002 crore (up 58% YoY), and FY25 EBITDA of ₹35,496 crore (up 38% YoY).

These figures were presented alongside dividend information, stating the board recommended a dividend of 500% (₹5 per share) for FY25 versus 350% (₹3.5 per share) for FY24.

Dividend: ₹5 per share recommended

Across the updates, a final dividend of ₹5 per share was a consistent data point. The text states the final dividend is subject to shareholder approval at the company’s upcoming annual general meeting.

Dividend declarations matter for shareholders because they formalise cash returns in addition to any stock-price movement. But the payout is not final until approved, and the updates did not provide the AGM date or record date in the excerpt.

Key numbers mentioned in the updates

The table below consolidates the key figures exactly as they appear in the provided text, grouped by the basis stated (consolidated QoQ, standalone YoY, and another consolidated YoY set).

What investors should track next

The updates repeatedly point to two drivers that can swing reported outcomes: disruption-linked costs (including those connected to Novelis, as stated) and the impact of base metal prices. Investors typically watch how quickly such one-off or incident-related expenses normalise and whether operating margins remain stable as revenue fluctuates.

Also relevant is clarity on the final dividend process, because the ₹5 per share payout remains subject to shareholder approval. The next formal milestones to watch, based on the text, are the AGM approval and any further company disclosures that reconcile different views of quarterly performance across consolidated and standalone reporting.