Hindalco Q4 EBITDA jumps 25% QoQ; margins improve amid stronger aluminium demand

Hindalco Industries Ltd reported a strong sequential improvement in operational performance for the quarter ended March 31, 2026, supported by higher revenue and stronger profitability across businesses.

On a consolidated basis, revenue from operations stood at ₹78,133 crore in Q4 FY26, compared with ₹66,521 crore reported in Q3 FY26, reflecting a quarter-on-quarter growth of 17.5%.

Operational earnings also improved sharply during the quarter. EBITDA came in at ₹10,018 crore against ₹8,014 crore reported in the December quarter, registering a rise of around 25% QoQ.

EBITDA margin improved to 12.8% in Q4 FY26 from 12% reported in Q3 FY26, marking an expansion of nearly 80 basis points sequentially.

Profit attributable to owners of the company stood at ₹2,597 crore during the March quarter, compared with ₹2,049 crore reported in Q3 FY26, reflecting a growth of nearly 27% quarter-on-quarter.

Profit before exceptional items and tax rose to ₹7,622 crore from ₹5,439 crore reported in the preceding quarter.

Total income for the quarter came in at ₹79,158 crore against ₹67,070 crore reported in Q3 FY26.

Among key expense heads, cost of materials consumed stood at ₹55,890 crore during the quarter, while employee benefit expenses were reported at ₹4,425 crore.

Power and fuel expenses rose to ₹3,426 crore from ₹3,284 crore in the December quarter.

Finance costs stood at ₹1,042 crore compared with ₹881 crore reported in Q3 FY26, while depreciation and amortisation expenses increased to ₹2,375 crore from ₹2,220 crore sequentially.

The company reported exceptional expenses of ₹4,171 crore during the quarter, compared with ₹2,610 crore reported in the previous quarter.

Disclaimer

This article is based on company filings and publicly available financial disclosures. It does not constitute investment advice.