Interim report
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ADITYA BIRLA HINDALCO August 7 , 2026 BSE Limited Scrip Code : 500440 Sub : National Stock Exchange of India Limited Scrip Code : HINDALCO Outcome of the Board Meeting . Ref : a . Luxembourg Stock Exchange Scrip Code : US4330641022 Regulations 30 ( read with Schedule III- Part A ) & 33 of the Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ; b . ISIN : INE038A01020 and C. Our Intimation dated June 29 , 2026 . Pursuant to the above referred , kindly note that the Board of Directors of the Company at its meeting held today , inter alia , considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30 , 2026 [ " Results " ] . The Results along with Limited Review Reports are attached for your records . The meeting commenced at 12:45 p.m. & concluded at 2:30 p.m. Also please note that the Trading window for dealing in the Company's securities shall remain closed until 48 hours from this announcement . The same is being communicated to all designated persons . The above is made available on the website of the Company i.e. , www.hindalco.com This is for your information and record . Sincerely , for Hindalco Industries Limited Geetika Anand Company Secretary and Compliance Officer Encl : a / a Hindalco Industries Limited Registered Office : 21st Floor , One Unity Center , Senapati Bapat Marg , Prabhadevi , Mumbai - 400013 , India | T : +91 22 69477000 / 69477150 | F : +91 2269477001/69477090 W : www.hindalco.com | E : hilinvestors@adityabirla.com | Corporate ID No .: L27020MH1958PLC011238
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Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors Hindalco Industries Limited 21st Floor, One Unity Center, Sena pa ti Bapat Marg, Prabhadevi, Delisle Road, Mumbai- 400013 1. We have reviewed the standalone unaudited financial results of Hindalco Industries Limited (the "Company"), which includes its interest in joint operations and trusts (refer paragraph 3 of the report) for the quarter ended June 30, 2026, which are included in the accompanying 'Statem ent of Standalone Unaudited Financial Results' (the "Stateme nt"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Inter im Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, 2015, to the extent applicable. 3. The Statement includes the results of the entities listed in Annexure A. 4. Based on our review conducted and procedures performed as stated in paragraph 2 above and based on the consideration of the review report of the auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance vvith the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. Price Waterhouse & Co Chartered Accountants LLP, 252, Veer Savarkar Marg, Shivaji Park, Dadar (West) Mumbai- 400 028 T: +91 (22) 66697508 Registered office and Head office: Plot No. 56 & 57, Block ON. Sector-V, Salt Lake, Kolkata - 700 091 Price Waterhouse & <?o. (a Partnership Firm) converted in~o Price Wa_terhouse ~ Co Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-4362) with ettect from July 7, 2014. Post its conversion to Price Waterhouse & Co Chartered Accountants LLP, its ICAI registration number is 304026E/E300009 (ICAI rcgIstratIon number before conversion was 304026E)
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 2 of 3 5. The interim financial statements of one trust reflect total revenue from operations of Rs. Nil, and net loss for the period of Rs. * crores for the quarter ended June 30, 2026 as considered in the Statement. The interim financial statements of the said trust have been prepared in accordance with generally accepted accounting principles applicab le to trusts in India, which have been reviewed by the auditor of the said trust under the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", and upon which the trust's auditor vide their review report has issued an unmodified conclusion. The Company's Management has converted the interim financial statements of the said trust from the generally accepted accounting principles applicable to trusts in India to the Accounting Standards specified under Section 133 of the Act. We have reviewed these conversion adjustments made by the Company's Management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said trust is based on the review report of the other auditor and the conversion adjustments prepared by the Company's Management as reviewed by us and the procedures performed by us as stated in paragraph 2 above. "Represen t figures below the rounding convention used in the Statement. 6. The Statement includes the interim financial information of twelve joint operations and one trust, which have not been reviewed by their respective auditors, whose interim financial information as provided by the Company's Management, reflect total revenue of Rs. Nil, total net loss after tax of Rs. * crores and total comprehensive loss of Rs. ~- crores, as considered in the Statement. According to the information and explanations given to us by the Company's Management, these interim financial information are not material to the Company. * Represent figures below the rounding convention used in the Statement. Our conclusion on the Statement is not modified in respect of the matters set out in paragraphs 5 and 6 above. For Price Waterhouse & Co Chartered Accountants LLP Firm Registration Number: 304026E/E-300009 P rtner Membership Number: 105869 UDIN: 26105869JJRLv1YH3732 Place: Mumbai Date: August 07, 2026
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 3 of3 AnnexureA SI. No. Name of the Trust 1 Trident Trust 2 Hindalco Emolovee Welfare Trust SI. No. Name of the Joint Operations 1 Tubed Coal Mines Limited 2 Mahan Coal Limited 3 Shambhavnath Estates LLP 4 Renukeshwar Estates LLP 5 Mangalyaan Estates LLP 6 Chandanorabhu Estates LLP 7 Sudalaimadan Estates LLP 8 Pavadairayan Estates LLP 9 Chhit Swami Estates LLP 10 Parmanandas Estates LLP 11 Kumbhandas Estates LLP 12 Jagshini Ma Estates LLP
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HINDALCO INDUSTRIES LIMITED Regd. Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400013 Website: www.hindalco.com, Email: hilinvestors@adityabirla.com, Corporate Identity No. L27020MH1958PLC011238 Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2026 ('I: in Crore, except otherwise stated) Quarter ended Year ended Particulars 30/06/2026 31/03/2026 30/06/2025 31/03/2026 (Unaudited) (Refer Note 4) (Unaudited) (Audited) Income Revenue from operations 30,515 34,244 24,264 112,553 Other income 345 267 313 1,152 Total income 30,860 34,511 24,577 113,705 Expenses Cost of materials consumed 19,669 21,450 17,250 78,414 Purchases of stock-in-trade 97 88 485 1,472 Change in inventories of finished goods, work-in-progress and stock-in- (1,598) 1,817 {1,266) (3,525) trade Employee benefits expense 740 724 691 2,972 Power and fuel 2,128 1,984 2,041 8,052 Finance cost 285 275 185 886 Depreciation and amortization expense 626 626 542 2,307 Impairment loss/ (reversal) on non-current assets (net) - 160 165 -Impairment loss/ (reversal) on financia l assets (net) (2) 3 4 (6) Other expenses 2,496 3,032 1,761 8,736 Total expenses 24,441 29,999 21,853 99,473 Profit/(loss) before exceptional items and tax 6,419 4,512 2,724 14,232 Exceptional income/ (expenses) (net) - - Profit/(loss) before tax 6,419 4,512 2,724 14,232 Tax expenses Current tax expense 1,524 1,867 858 4,766 Deferred tax expense/(benefrt) (net) 111 (289) 4 (614) Profit/ (loss) for the period 4,784 2,934 1,862 10,080 Other comprehensive Income/ {loss) Items that will not be reclassified to statement of profit and loss Remeasurement of defined benefit obligation 3 16 (30) 42 Change in fair value of equity instruments designated as FVTOCI 2,538 {1,624) 1,041 (236) Income tax effect (341) 234 (197) (29) Items that will be reclassified to statement of profit and loss Change in fair value of debt instruments designated as FVTOCI 18 (32) (2) (52) Effective portion of cash flow hedges 2,259 (1,368) (168) (2,840) Cost of hedging reserve 18 (257) (4) (26) Income tax effect (578) 345 61 785 Other comprehens ive income/ (loss) for the period 3,917 (2,686) 701 (2,356) Total comprehensive income/ (loss) for the period 8,701 248 2,563 7,724 Paid-up equity share capital (net of treasury shares) (face value of,: 1/- 222 222 222 222 per share) Other equity 85,215 76,517 72,556 76,517 Earnings per share: (not annualised) Basic('() 21.54 13.22 8.38 45.40 Diluted(~) 21.49 13.18 8.37 45.31
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Notes: 1. The statement of standalone unaudited financial results (the "standalone unaudited financial results") of the Company which includes the financial information of Twelve (12} Joint Operations and Two (2) Trusts, have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their meeting held on August 07, 2026. 2. Basis allegations, inter alia, of mis utilization of coal mined in a mine deallocated in 2014-15, a chargesheet was filed by the Central Bureau of Investigation (CBI). On April 09, 2025, the Hon'ble Special Judge (Prevention of Corruption Act) issued summons to the Company. Upon consideration of the material on record and the submissions of parties, the Hon'ble Special Court, by order and judgment dated May 30, 2026, discharged the Company and all other accused from the proceedings. 3. Since the segment information as per Ind AS 108-Operating Segments is provided in the consolidated unaudited financial results, the same is not provided separately for the standalone unaudited financial results. 4. The figures of the quarter ended March 31, 2026, are balancing figures between audited figures in respect of the full fi nancial year and the published year to date figures up to the third quarter of the financial year ended March 31, 2026. 5. Figures of the previous periods have been regrouped/ reclassified wherever necessary to conform to the current period classification. By and on behalf of the Board of Directors Place: Mumbai Dated: August 07, 2026 Managing Director
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Price Waterhouse & Co Chartered Accountants LLP Review Report To The Board of Directors Hindalco Industries Limited 2ist Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400013 1. We have reviewed the consolidated unaudited financial results of Hindalco Industries Limited (the "Holding Company"), which includes its interest in joint operations, trusts and subsidiaries (the Holding Company, its joint operations, trusts and subsidiaries hereinafter referred to as the "Group"), and its share of the net profit after tax and total comprehensive income of its joint ventures and associates (refer Paragraph 4 of the Report) for the quarter ended June 30, 2026, which are included in the Statement of Consolidated Unaudited Financial Results for the quarter ended June 30, 2026 (the "Statement"). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , as amended (the "Listing Regulations, 2015") , which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Informa tion Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters , and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, 2015, to the extent applicable. 4. The Statement includes the results of the entities listed in Annexure-1. Price Waterhouse & Co Chartered Accountants LLP, 252, Veer Savarka r Marg, Shivaji Park, Dadar (West) Mumbai - 400 028 T: +91 (22) 66697508 Registered office and Head office: Plot No. 56 & 57, Block ON. Seclo r-V, Salt Lake, Kolkata - 700 091 Price Waterhouse & ~a. {a Partnership Firm) converted in~o Price wa.terhouse _& Co Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-4362) with effect from July 7, 2014. Post ,ts conversion to Price Watemouse & Co Chartered Accountants LLP, its ICAI registrat ion number is 304026E/E300009 (ICAI registrat ion number before conversion was 304026E)
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 2 of6 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 and 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The interim financial statements of one trust reflect total revenues of Rs. Nil and total net loss after tax of Rs. * crores for the quart er ended June 30, 2026, as considered in the Statement. The interim financial statements of the said trust have been prepared in accordance with generally accepted accounting principles applicable to trusts in India, which have been reviewed by the auditor of the said trust under the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" and upon which the trust's auditor vide their report has issued an unmodified conclusion. The Holding Company's Management has converted the interim financial statements of the said trust from the generally accepted accounting principles applicable to trusts in India to the Accounting Standards specified under Section 133 of the Act. We have reviewed these conversion adjustments made by the Holding Company's Management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said trust is based on the review report of the other auditor and the conversion adjustments prepared by the Holding Company's Management as reviewed by us and the procedures performed by us as stated in paragraph 3 above. * represents figures below the rounding off convention used in the Statement. 7. The interim consolidated financial statements of one subsidiary and interim financial statements/financial results of eight subsidiaries reflect total revenues of Rs. 55,740 crores, total net profit after tax of Rs. 2,350 crores and total comprehensive income (net) of Rs. 7,006 crores for the quarter ended June 30, 2026, respectively, as considered in the Statement. The Statement also include the Group's share of net profit after tax of Rs. 1 crore and total comprehensive income of Rs. 1 crore for the quarter ended June 30, 2026, in respect of three associates and one joint venture. These interim consolidated financial statements/interim financial statements/financial results have been reviewed/audited by other auditors and their reports, vide which they have issued an unmodified conclusion/opinion, have been furnished to us by the Holding Company's Management or other auditors and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, associates and joint ventures, is based on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Co Chun,_. , ,._ -- ~ ' .... ~, -.... , ' V" s026EiE.•30 Afom bai
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 3 of 6 8. The Statement includes the interim financial information of nine subsidiaries, one trust and twelve joint operations, which have not been reviewed by their respective auditors, ,vhose interim financial information reflect total revenues of Rs. 22 crores, total net loss after tax of Rs. 3 crores and total comprehensive loss (net) of Rs. 3 crores for the quarter ended June 30, 2026, as considered in the Statement. The Statement also includes the Group's share of net profit after tax of Rs. 6 crores and total comprehensive income (net) of Rs. 6 crores for the quarter ended June 30, 2026 , as considered in the Statement, in respect of hvo associates and one joint venture based on their financial information, which have not been reviewed by their auditors. According to the information and explanations given to us by the Holding Company's Management, these financial information are not material to the Group. Our conclusion on the Statement is not modified in respect of matters set out in paragraphs 6, 7 and 8 above. For Price Waterhouse & Co Chartered Accountants LLP Firm Registration Number: 304026E/E-300009 Partner Membership Number: 105869 UDIN: 26105869NEVFWE4503 Place: Mumbai Date: August 07, 2026
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 4 of6 Annexure-1 Sr. No. Name Subsidiaries 1. Novelis Inc. (Refer Note below for entities consolidated within Novelis Inc.) 2. Utkal Alumina International Limited AV Minerals (Netherlands) N.V. Minerals & Minerals Limited Suvas Holdings Limited 6. Dahej Harbour & Infrastructure Limited Hindalco Almex Aerospace Limited 8. East Coast Bauxite Mining Company (till June 22, 2026) Renuka Ventures Limited (formerly known as Renuka Investments and Finance Limited) 10. Renukeshwar Investments & Finance Limited 11. Lucknow Finance Company Limited 12. Utkal Alumina Social Welfare Foundation Kosala Livelihood and Social Foundati on Birla Copper Asoj Private Limited 15. Hindalco Jan Seva Trust 16. Copper Jan Seva Trust Utkal Alumina Jan Seva Trust 18. Hindalco Kabushiki Kaisha 19. Eternia Fenestration Private Limited 20. Aditya Holdings LLC (Since June 19, 2025) 21. EMIL Mines and Mineral Resources Limited (Since December 1, 2025) Joint Operations 1. Tubed Coal Mines Limited 2. Mahan Coal Limited Shambhavnath Estates LLP (Since December 15, 2025) Renukeshwar Estates LLP (Since December 19, 2025) Mangalyaan Estates LLP (Since December 18, 2025) 6. Chandanprabhu Estates LLP (Since Febmary 13, 2026) Sudalaimadan Estates LLP (Since June 17, 2026) 8. Pavadairayan Estates LLP (Since June 17, 2026) Chhit Swami Estates LLP (Since June 17, 2026) 10. Parmanandas Estates LLP (Since June 4, 2026) 11. Kumbhandas Estates LLP (Since April 18, 2026) 12. Jagshini Ma Estates LLP (Since April 18, 2026)
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 5 of 6 Trusts 1. Trident Trust 2. Hindalco Employee Welfare Trust Joint Ventures 1. MNH Shakti Limited 2. Hydromine Global Minerals (GMBH) Limited Associates 1. Aditya Birla Science & Technology Company Private Limited 2. Aditya Birla Renewables Subsidiary Limited 3. Aditya Birla Renewables Utkal Limited 4. Aditya Birla Renewables Solar Limited 5. Ayana Renewable Power Four Private Limited Note- Entities consolidated in Novelis Inc. Subsidiaries 1. Novelis do Brasil Ltda 2. Brecha Energetica Ltda 3. 4260848 Canada Inc. 4. 4260856 Canada Inc. 5. 8018227 Canada Inc. 6. Novelis (China) Aluminum Products Co. Ltd. 7. Novelis (Shanghai) Aluminum Trading Company Ltd 8. Novelis PAE S.A. S. (till January 30, 2026) 9. Novelis Deutschland GmbH 10. Novelis Sheet Ingot GmbH 11. Novelis Aluminum Holding Unlimited Company 12. Novelis Italia SpA 13. Novelis de Mexico S.A. de C.V. 14. Novelis Korea Limited 15. NovelisAG 16. Novelis Switzerland S.A. 17. Novelis MEA Limited 18. Novelis Europe Holdings Limited 19. Novelis UK Ltd. 20. Novelis Services Limited 21. Novelis Corporation 22. Novelis South America Holdings LLC (till September 9, 2025) Novelis Holdings Inc. -23. / 24. Novelis Services (North America) Inc . (till March 31, 2026) f/2, / ,. / -- ---' -.;,___--... ··J~ -~C(J/ /
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Price Waterhouse & Co Chartered Accountants LLP The Board of Directors Hindalco Industries Limited Page 6 of 6 25. Novelis Global Employment Organization, Inc. 26. Novelis Services (Europe) Inc. (till March 31, 2026) 27. Novelis Vietnam Company Limited 28. Aleris Asia Pacific International (Barbados) Ltd. 29. Novelis Apluminum (Zhenjiang) Co., Ltd. 30. Aleris Asia Pacific Limited 31. Aleris Aluminum Japan, Ltd. (till December 31, 2025) 32. Novelis Casthouse Germany GmbH 33- Novelis Deutschland Holding GmbH 34- Novelis Koblenz GmbH 35- Novelis Netherlands B.V. 36. Aleris Switzerland GmbH 37. Novelis ALRAluminum Holdings Corporation 38. Novelis ALR International, Inc. 39- Novelis ALR Rolled Products, LLC (till August 28, 2025) 40. Novelis ALR Rolled Products, Inc . 41. Novelis ALR Aluminum, LLC (till August 28, 2025) 42. Novelis ALR Rolled Products Sales Corporation (till August 28, 2025) 43- Novelis ALR Recycling of Ohio, LLC (till August 28, 2025) 44. Novelis ALRAluminum-Alabama LLC 45- Novelis ALR Asset Management Corporation 46. Novelis Ventures LLC 47. White Rock USA Protected Cell 24 Joint Operations 1. Aluminum Norf Gmbh 2. Ulsan Aluminum Limited 3- Logan Aluminum Inc. 4- Alulnfra Services SA Associates 1. France Aluminum Recyclage SA 2. Big Blue Technologies Inc. Co . Ch:irtcr _1_?\N MC.43 6 ~ • ,... .=oc.. ~-J G\!: ;v/umbai
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HINDALCO INDUSTRIES LIMITED Regd. Office: 21st Floor, One Unity Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400013 Website: www.hindalco.com, Email: hilinvestors@adityabir la.com, Corporate Identity No. L27020MH1958PLC011238 Statement of Consolidated Unaudited Financial Results for the Quarter ended June 30, 2026 ('I' in Crore, except otherwise stated) Quarter ended Year ended Particulars 30/06/2026 31/03/2026 30/06/2025 31/03/2026 (Unaudited) (Refer note 6) (Unaudited) (Audited) Income Revenue from operations 84,825 78,133 64,232 274,944 Other income 1,057 1,025 602 2,889 Total income 85,882 79,158 64,834 277,833 Expenses Cost of materials consumed 60,499 54,209 44,163 189,642 Purchases of stock-in-trade 99 89 486 1,478 Change in Inventories of finished goods, work-in-progress and stock-in-trade _,_ (6,881) (3,976) (3,080) (14,082) Employee benefits expense ,_ 4,725 4,425 4,253 17,148 Power and fuel 3,649 3,426 3,465 13,622 Finance cost 966 1,042 754 3,480 Depreciation and amortization expense 2,337 2,375 2,080 8,830 Impairment loss/ (reversal) of non-current assets [net) 154 165 324 Impairment loss/ (reversal) on financial assets (net) 40 4 4 (6) Other expenses 8,762 9,784 6,870 31,934 Total expenses 74,196 71,532 59,160 252,370 Profit/ (loss) before share in profit/ (loss) in equity accounted investments, excep- 11,686 7,626 5,674 25,463 tional items and tax Share in profit/ (loss) in equity accounted investments (net of tax) 6 (4) 2 (4) Profit/ (loss) before Exceptional Items and tax 11,692 7,622 5,676 25,459 Exceptional income/ (expenses) (net) (refer note 5) (2,299) (4,171) (6,963) Profit/ (Loss) before tax 9,393 3,451 5,676 18,496 Tax expenses Current tax expense 2,595 2,657 1,506 7,531 Deferred tax expense/ (benefit) (net) (215) (1,803) 166 (2,426) Profit/ (loss) for the period 7,013 2,597 4,004 13,391 Other comprehensi,e income/ (loss) Items that will not be reclassified to statement of profit and loss Remeasurement of defined benefit obligation 314 30 60 666 Change in fair value of equity instruments designated as FVTOCI 2,563 (1,658) 1,050 (258) Income tax effect (372) 200 (189) (131) Items that will be reclassified to statement of profit and loss Change in fair value of trade receivables designated as FVTOCI (15) (29) 10 (11) Change in fair value of debt instruments designated as FVTOCI 18 (41) 4 (58) Effective portion of cash flow hedges 7,361 (3,934) (388) (7,642) Cost of hedging reserve 18 (257) (4) (26) Foreign currency translation reserve 523 1,661 2,074 6,150 Income tax effect (1,910) 1,019 102 2,038 Other comprehensi,e income/ (loss) for the period 8,500 (3,009) 2,719 728 Total comprehensi,e income/ (loss) for the period 15,513 (412) 6,723 14,119 Profit/ (loss) attributable to: Owners of the Company 7,013 2,597 4,004 13,391 Non-controlling interests . . . Other comprehensi,e income/ (loss) attributable to: Owners of the Company 8,500 (3,009) 2,719 728 Non-controlling interests . . Total comprehensive Income/ (loss) attributable to: Owners of the Company 15,513 (412) 6,723 14,119 Non-controlling interests . Paid-up equity share capital (net of treasury shares) (face ,alue of "- 1/- per share) 222 222 222 222 Other equity 151,759 136,361 130,204 136,361 Earnings per share: (not annualised) Basic(~) 31.58 11. 70 18.03 60.31 Diluted(~) 31.51 11.67 18.00 60.20
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ADITYA BIRLA Segmentwise Consolidated Revenue, Results, Assets and Liabilities for the Quarter ended June 30, 2026 Particulars 30/06/2026 (Unaudited) 1. Segment revenue (a} Novelis 54,763 (b) Aluminium upstream 13,403 -(c) Aluminium downstream 4,889 (d} Copper 17,232 90,287 Adjustment on account of different accounting policies for Novelis segment (923) lntersegment revenue (4,539) Total revenue from operations 84,825 2. Segment results (a} Novelis 4,874 (b) Aluminium upstream 7,390 (c) Aluminium downstream 298 (d) Copper 918 Total segment results 13,480 Adjustment on account of different accounting policies for Novelis segment 295 Inter segment (profit)/ loss elimination (net} (778} Unallocable income/ (expense} (net} 1,992 14,989 Finance cost (966} Depreciation and amortisation expense (2,337} Impairment (loss}/ reversal of non-current assets (net) Share in profit/ (loss} in equity accounted investments (net of tax} 6 Exceptional income/ (expenses} (net} {refer note 5) (2,299) Profit/ (loss) before tax 9,393 3. Segment assets (a} Novelis 217,156 (b) Aluminium upstream ,_ 55,346 (c) Aluminium downst ream 17,225 (d) Copper 32,798 322,525 Adjustment on account of different accounting policies for Novelis segment 15,131 Corporate/ unallocab le assets 28,880 Total assets 366,536 4. Segment liabilities (a) Novelis 78,453 ·-(b) Aluminium upstream - - 7,041 (c) Aluminium downstream 2,172 (d) Copper 12,451 100,117 Adjustment on account of different accounting policies for Novelis segment (992) Corporate/ unallocable liabilities (including borrowings) 115,418 Total liabilities 214,543 Quarter ended 31/03/2026 30/06/2025 (Refer note 6} (Unaudited) 43,810 11,418 4,867 22,156 82,251 (693) (3,425) 78,133 4,202 5,448 255 907 10,812 (62) (159} 606 11,197 (1,042} (2,375) (154) (4) (4,171) 3,451 196,015 52,081 15,770 36,727 300,593 15,693 31,509 347,795 73,466 8,463 2,323 20,069 104,321 195 106,684 211,200 Co. Chart \N AAC- V 04D26EIE-'!. 40,362 9,331 3,353 14,886 67,932 (1,035) (2,665) 64,232 3,557 4,080 229 673 8,539 (100) (11) 245 8,673 (754} (2,080} (165} 2 5,676 148,311 46,045 12,988 23,704 231,048 13,546 33,868 278,462 51,138 5,510 1,768 14,249 72,665 802 74,557 148,024 (~ inCrore) Year ended 31/03/2026 (Audited) 162,882 41,447 15,938 69,838 290,105 (3,211) (11,950) 274,944 14,546 18,884 978 2,809 37,217 (65) (512} 1,457 38,097 (3,480) (8,830) (324) (4} (6,963) 18,496 196,015 52,081 15,770 36,727 300,593 15,693 31,509 347,795 73,466 8,463 2,323 20,069 104,321 195 106,684 211,200
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1. The statement of consolidated unaudited fina ncial results (the "consolidated unaudited financial results") of Hindalco Industries Limited ("the Company") which includes the financial informat ion ofTwe lve (12) Joint Operations, Two (2) Trusts and its Subsidiaries (collective ly "the Group") and its interest in Associates and Joint Ventures have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their meeting held on August 07, 2026. 2. Basis allegations, inter alia, of misutilization of coal mined in a mine deallocated in 2014-15, a chargesheet was filed by the Central Bureau of Investigation (CBI}. On April 09, 2025, the Hon'ble Special Judge (Prevention of Corruption Act) issued summons to the Company. Upon consideration of the materia l on record and the submissions of parties, the Hon'ble Special Court, by order and judgment dated May 30, 2026, discharged the Company and all other accused from the proceedings. 3. Update on Novelis Borrowings: i) On June 16, 2026, Novelis amended the ABL Revolver facility to enhance the maximum revolving amount by US $500 million to an aggregate total of US $3.0 bill ion. As result of this debt modification, Novelis incurred US $8 million of financing fees, which will be amortized over the remaining term of the loan. All other mater ial terms of the ABL Revolver facility remain unchanged . ii} During the quarter ended June 30, 2026, Novelis entered into an uncomm itted revolving facility agreement with MUFG Bank Ltd., GIFT Branch, for loans and advances up to US $500 million, including a Euro sub-limit of Euro 200 million. The facility carries interest at "Term SOFR or EURIBOR", as applicable, plus a margin of 1.15%. 4. On July 23, 2026, Novelis entered into a term loan facility aggregating to US$ 500 million (the "2026 Term Loan Facility") with MUFG, DBS, Credit Agricole and BNP Paribas, with each lender committing US$ 125 million. The facility has been arranged as a club deal and is not subject to syndication. The 2026 Term Loan Facility matures on July 24, 2028 and carries interest at Term SOFR plus 1.00% per annum. The applicable margin is subject to an increase to 1.25% per annum upon the occurre nce of specified credit rating-related events. 5. Exceptional income/ (expenses) (net) : During the financial year ended on March 31, 2026, Novelis' plant located in Oswego, New York, was impacted by two significant fire incidents . The fire was contai ned to the hot mill and did not impact the rest of the plant. Novelis restarted the Oswego hot mill during the quarter ended June 30, 2026. Duri ng the quarte r ended June 30, 2026, the costs associated with this event amount ing to~ 2,299 Crore (US$ 244 million) have been recorded as exceptiona l expenses, net of insurance proceeds for property and other insurance recoveries. Further, business Interruption recoveries of~ 447 Crore (US$ 47 million) related to Oswego fire is recorded under head of 'Other Income ' during the current quarter. 6. The figures of the quarter ended March 31, 2026 are balancing figures between audited figures in respect of the full financ ial year and the published year to date figures up to t he third quarter of t he financ ial year ended March 31, 2026. 7. Figures of the previous periods have been regrouped/ reclassified wherever necessary to conform to the current period classification . Place: Mumbai Dated: August 07, 2026