Hindalco के Q2 Results कैसे रहे? Growth और EBITDA पर MD Satish Pai का Outlook | ET Now Swadesh
ET Now Swadesh · 09 Nov 2026 · 5 min
Management interview of Hindalco Industries Ltd (HINDALCO), with 11 key numbers discussed.
- Satish Pai, MD, Hindalco Industries Ltd
Hindalco reported solid operational performance in Q2FY27 across aluminium and copper. Aluminium upstream delivered an EBITDA per tonne of $2,125 with a 52% margin, while downstream EBITDA was $289 per tonne on 26% higher volumes. Copper EBITDA reached Rs 1,600 cr, including Rs 300 cr of one-time items, and is guided at Rs 1,200-1,300 cr per quarter in H2FY27. Novelis EBITDA per tonne is guided at $520-550 for Q3 and Q4. Capex at Bay Minette is on schedule, with commercial sales starting from April 2027.