Hindalco Industries expects raw material costs to rise by around 5%, a company executive said on Friday, while expressing confidence that the company would retain customers including Ford Motor Company.The executive also said 2027 would be an “inflection year” for subsidiary Novelis, as the company ramps up production of aluminium can sheets.Also Read: Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividendReporting its earnings for the fourth quarter of FY26, the company added that disruptions at Novelis’ Oswego plant impacted profitability during the quarter, though this was partly offset by cost optimisation measures and record profits from the India business. The plant is expected to restart in the next few weeks.Hindalco reported a 51% year-on-year decline in consolidated net profit at Rs 2,597 crore for the Q4 FY26, compared with Rs 5,283 crore in the year-ago period.Revenue from operations rose 20% to Rs 78,133 crore during the quarter from Rs 64,890 crore a year earlier, while consolidated EBITDA increased 9% to a record Rs 11,197 crore.Profit before tax after exceptional items stood at Rs 3,451 crore, down from Rs 6,550 crore in the corresponding quarter last year.Hindalco said its India business delivered its highest-ever quarterly revenue, EBITDA and profit after tax during the quarter. The aluminium upstream business reported record quarterly EBITDA of Rs 5,448 crore, up 13% year-on-year.The copper business posted quarterly EBITDA of Rs 907 crore, up 48% from the year-ago period.Novelis reported adjusted EBITDA per tonne of $544 during the quarter, up 10% year-on-year despite lower shipment volumes, helped by softer scrap prices and cost controls.(With inputs from Reuters)