Hindalco's profit nosedives 45% in Q3 FY26
Hindalco's stock slid over 5% on Friday after the company posted a sharp 45% drop in profit for Q3 FY26—even though revenue actually grew by 14% to ₹66,521 crore.
The main culprit? Big one-time expenses that ate into earnings, pulling profit down to ₹2,049 crore.
Despite Q3 FY26's setback, Hindalco is seeing overall growth
Even with Q3 FY26's setback, Hindalco's overall business is growing.
Nine months ended Dec 31, 2025 (9 million FY26) revenue is up to nearly ₹2 lakh crore, thanks to strong demand for aluminum and solid performance in India.
The India business even set a new profit record this quarter.
Meanwhile, their global arm Novelis saw sales rise but faced some hiccups from lower shipments and plant disruptions.
If you're watching the metals sector or thinking about investing, these ups and downs are worth keeping an eye on.