Hindalco Q2 Results: Revenue Up 43%, Profit Surges 126% | MD Satish Pai Exclusive with CNBC Awaaz
CNBC Awaaz. · 09 Nov 2026 · 4 min
Management interview of Hindalco Industries Ltd (HINDALCO), with 6 key numbers discussed.
- Satish Pai, MD, Hindalco Industries
Hindalco Industries reported a strong performance across upstream, downstream, and copper segments in Q2FY27. Novelis saw EBITDA per tonne reach USD 540 as operations stabilized post the Oswego plant restart and resolution of the Yeongju strike. In India, copper achieved a record quarterly EBITDA exceeding Rs 1,600 cr. Consolidated net debt to EBITDA fell to 1.8x in Q2, with management guiding it to reduce further to 1.5x by Q4 as Novelis turns cash flow positive. Management committed that net debt will not exceed current levels of about Rs 80,000 cr.