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Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis

Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same period last year, largely due to one-time expense of ₹4,171 crore related to two fire incidents at Novelis Oswego plant in the US last year

Raccontata daeconomictimes.indiatimes.comthehindubusinessline.com

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2 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.comStai leggendo1 mesi fa

Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis

Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same period last year, largely due to…

originale
economictimes.indiatimes.com1 mesi fa

Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss

Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company foresees significant cost savings and…

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Timeline cronologica

  1. martedì 19 maggio 2026·economictimes.indiatimes.com

    Novelis sees bigger cash flow hit from Oswego fire, posts $84m loss

    Novelis anticipates a greater impact on its cash flows due to fires at its Oswego unit. The company will, however, restart the hot mill ahead of schedule. Higher savings are…

  2. mercoledì 20 maggio 2026·economictimes.indiatimes.com

    Hindalco shares rise 2% on Novelis' upbeat commentary; US arm reports $84 million net loss

    Hindalco shares gained 2% after US arm Novelis plans to reopen its Oswego hot mill sooner than anticipated, despite a higher projected cash flow hit from plant fires. The company…

  3. mercoledì 20 maggio 2026·thehindubusinessline.com

    Hindalco shares soar nearly 4%, brokerages divided on Novelis FY27 outlook after Q4 loss

    Hindalco shares rise 4% amid mixed brokerage views on Novelis' FY27 outlook following a $84 million Q4 loss.

  4. venerdì 22 maggio 2026·economictimes.indiatimes.com

    Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividend

    Hindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the fourth quarter, compared with Rs 5,283…

  5. venerdì 22 maggio 2026·thehindubusinessline.com

    Hindalco Q4 net halves on one-time expense of ₹4,171 cr at Novelis

    Hindalco Industries, an Aditya Birla Group company, has reported that its net profit in the March quarter more than halved to ₹2,597 crore against ₹5,284 crore logged in the same…

  6. venerdì 22 maggio 2026·economictimes.indiatimes.com

    Hindalco's India segment shines as profit and revenue hit record highs

    Hindalco Industries achieved its highest ever revenue and profit for India operations in the March quarter. The company's India business delivered outstanding results across…

  7. lunedì 25 maggio 2026·economictimes.indiatimes.com

    Hindalco shares decline 2% as Q4 profit falls 51%. Here’s what Nuvama and other brokerages said

    Hindalco Industries' shares dipped after reporting a 51% YoY decline in net profit to Rs 2,597 crore for the March quarter, despite a 20% rise in consolidated revenue to Rs 78,133…

  8. lunedì 25 maggio 2026·economictimes.indiatimes.com

    Hindalco sees 5% rise in raw material costs, stays confident on key customers

    Hindalco anticipates a 5% rise in raw material costs. The company is confident in keeping clients like Ford Motor Company. Subsidiary Novelis expects 2027 to be a key year for…

  9. lunedì 25 maggio 2026·thehindubusinessline.com

    Hindalco says FY27 will be an inflection year for Novelis

    Hindalco anticipates FY27 as a pivotal year for Novelis, aiming for copper self-sufficiency and significant capacity expansion.