Hindalco Industries Q1 Results: Profit Up 25%, But Misses Estimates

Novelis: Total shipment of flat-rolled products was at 951 kilotonne, up 8% YoY, supported by stronger demand for beverage packaging and record automotive shipments. Net sales were up 2% at $4.2 billion, while net income stood 3% lower annually due to initial charges of flooding at Swiss plant, higher restructuring, unfavourable metal price lag. The net income, excluding special items, was up 32% YoY at $204 million

Aluminum (upstream): Upstream Ebitda stood at Rs 3,493 crore, up 80% YoY from Rs 1,935 crore.

Aluminum (downstream): Downstream Ebitda per tonne was $138 per tonne in the first quarter of fiscal 2025, as compared with $202 in the same period last year, down 32% YoY.

Copper: Ebitda for copper business stood at Rs 805 crore, as compared with Rs 531 crore in the same period last year, up 52% YoY. This growth was mainly driven by higher average copper prices during the quarter and robust operations, as per the company