Hindalco's second-quarter profit jumps 59% on firmer metal prices
Hindalco posted a 59% jump in second-quarter consolidated profit, helped by higher aluminium prices and increased production, Reuters reports.
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what happened
Reuters reports that India's Hindalco Industries lifted its second-quarter earnings sharply on Friday, helped by stronger aluminium prices and bigger output.
The company, controlled by the Aditya Birla Group and counted among India's largest producers of aluminium and copper, said its consolidated net profit rose 59% to 75.32 billion rupees, or $799.96 million, in the three months through September 30. At the exchange rate used in the report, $1 equals 94.1550 Indian rupees.
why it matters
Aluminium and copper prices feed directly into revenue for producers such as Hindalco, so firmer metal prices and higher volumes support margins. For investors, the report offers a read on how Indian metals producers are handling the price cycle.
market impact
Hindalco and Indian aluminium makers: higher metal prices and output support profits
- Hindalco shares pressure up — a reported profit jump on firmer aluminium prices supports the stock
tags
instruments
sources
- India's Hindalco posts higher profit on firmer metal prices — Reuters, 6 November 2026 at 08:23 UTC
- India's Hindalco posts higher profit on firmer metal prices — Reuters, 6 November 2026 at 08:43 UTC
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