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The Economic Times
The Economic Times
Business
Debaroti Adhikary

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

Hindalco Nuvama Novelis Hindalco Industries

The shares of Hindalco Industries fell as much as 2% to the day's low of Rs 1,087 on the BSE on Monday after the metals major reported a 51% year-on-year (YoY) decline in consolidated net profit to Rs 2,597 crore for the quarter ended March. The company had reported a profit of Rs 5,283 crore in the year-ago period.

While bottomline contracted sharply, Hindalco's consolidated revenue from operations rose 20% YoY to Rs 78,133 crore in Q4 FY26, from Rs 64,890 crore in the corresponding quarter of the previous financial year. Consolidated EBITDA meanwhile rose 9% YoY to an all-time high of Rs 11,197 crore, compared with Rs 10,296 crore a year ago.

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