What was filed
On 7 August 2026, Hindalco's board approved the unaudited standalone and consolidated results for the quarter ended 30 June 2026. Both carry limited-review reports from Price Waterhouse & Co Chartered Accountants LLP with unmodified conclusions. The consolidated statement aggregates the parent, its Novelis subsidiary group, twelve joint operations, two trusts, and interests in associates and joint ventures. The trading window remains closed until 48 hours from the announcement.
The quarter in brief
Consolidated revenue and profit both rose year-on-year, with the reported profit arriving despite a sizeable one-off charge. Per the filing, the exceptional expense — net of insurance proceeds — relates to two fire incidents at Novelis' Oswego, New York plant that occurred in FY2025-26. The company said the fire was contained to the hot mill and did not affect the rest of the plant, and that Novelis restarted the Oswego hot mill during the June quarter. Business-interruption recoveries related to the same event were booked under other income. Across the four reported segments, the filing shows Novelis as the largest contributor to consolidated revenue, followed by Copper, Aluminium upstream and Aluminium downstream.
Financing and legal notes
The filing carries several notes beyond the numbers. On financing, Novelis amended its ABL Revolver facility on 16 June 2026 to raise the maximum revolving amount by US$ 500 million to an aggregate US$ 3.0 billion, and entered a US$ 500 million uncommitted revolving facility with MUFG. After quarter-end, on 23 July 2026, Novelis entered a US$ 500 million term loan facility (the '2026 Term Loan Facility') with MUFG, DBS, Credit Agricole and BNP Paribas, maturing 24 July 2028. On the legal side, the company disclosed that on 30 May 2026 the Special Court discharged Hindalco and all other accused in a CBI matter over alleged misutilisation of coal from a mine deallocated in 2014-15, for which summons had been issued in April 2025.