2025-01-06 Hindalco secures Meenakshi Coal Mine Allocation to boost resource securitization and deliver cost advantage
Jan. 6, 2025 - Hindalco Industries Ltd., the Aditya Birla Group’s metals flagship, has achieved a significant milestone with the allocation of the Meenakshi Coal Mine in Odisha through a vesting order by the Ministry of Coal. This development follows the successful signing of the Coal Mine Development and Production...
2024-08-15 Hindalco reports consolidated first quarter FY2025 results
Aug. 13, 2024 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated quarterly Net Profit of ₹3,074 crore, an increase of 25% YoY, supported by favourable macros, operational efficiencies and lower input costs. Aluminium Upstream EBITDA per tonne was at $1,273, up 84% YoY, wit...
2024-06-06 Hindalco reports consolidated fourth quarter and FY2024 results
Jun. 1, 2024 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated quarterly Net Profit of Rs.3,174 crore, an increase of 32% YoY, driven by a robust performance and improved margins across all business segments. Novelis reported a strong fourth quarter performance with EBITDA...
2024-02-16 Hindalco reports consolidated third quarter FY2024 results
Feb. 16, 2024 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated Net Profit of Rs.2,331 crore, up 71 per cent YoY in Q3 FY24, driven by a robust performance across aluminium and copper business segments. The Copper Business achieved a record quarterly EBITDA of Rs.656 ...
2023-10-08 Odisha Mining Corporation and Hindalco Industries Limited ink MoU, paving the way for industrial growth in Odisha
Oct. 5, 2023 - In a significant move to bolster Odisha's commitment to deliver long term raw material security for sustainable business, the Odisha Mining Corporation (OMC) and Hindalco Industries Limited, a subsidiary of the Aditya Birla Group, have come together to sign a Memorandum of Understanding (MoU) for the L...
2023-08-21 Hindalco reports consolidated first quarter FY2024 results
Aug. 21, 2023 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated quarterly Net Profit of Rs.2,454 crore, a sequential growth of 2 per cent, driven by recovery in Novelis and Aluminium India Downstream Business, and backed by a steady performance by the Copper business. ...
2023-07-10 Hindalco Industries to commence full-scale alumina sales in Japan
Jul. 7, 2023 - The Indian aluminium major, Hindalco Industries and the parent company of Novelis will commence full-scale alumina sales in Japan. With a dedicated Japanese corporation and warehouses at major ports, Hindalco aims to be among Japan's top three alumina suppliers. Hindalco plans to offer high...
2023-05-29 Hindalco reports consolidated fourth quarter and FY2023 results
May 23, 2023 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported a consolidated quarterly Net Profit of Rs.2,411 crore, a sequential growth of 77 per cent, driven by a continued focus on cost control and a resilient operational performance by India business. Novelis delivered an improved q...
2023-05-04 ASI certifies Hindalco Industries’ Taloja Works against Performance Standard
May 1, 2023 - Hindalco Industries Ltd has achieved ASI Performance Standard V2 (2017) Certification for its Taloja Works sheet rolling operation in the Raigad district of Maharashtra, India. This is Hindalco’s third ASI-certified rolling facility after its Mouda and Hirakud FRP rolling plants, which achieved Perform...
2023-04-10 ASI certifies Hindalco Industries Belagavi Works facility against Performance Standard
Apr. 1, 2023 - Hindalco Industries Ltd has achieved ASI Performance Standard V2 (2017) Certification for the manufacture and dispatch of Alumina Hydrate, Calcined Alumina, Special Alumina Hydrate and special Calcined Alumina from the Belagavi Works facility, India. It is the third Hindalco facility and first Alumina ...
2023-02-14 Hindalco reports third quarter FY23 results
Feb. 9, 2023 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported consolidated revenue of Rs.53,151 crore in Q3 FY23, an increase of 6 per cent YoY, driven by higher volumes and steady operational performance across India operations. Copper Business and Aluminium Downstream reported year-on...
2022-12-21 Hindalco achieved 100 percent Red Mud utilisation at its alumina refineries
Dec. 21, 2022 - Hindalco Industries Limited is proud of Hindalco Specialty Alumina Chemicals' performance at the Aditya Birla Awards 2022. Hindalco Specialty Alumina Chemicals team has solved a 130-year-old problem and turned Red Mud waste into an alternative raw material for the cement industry replac...
2022-11-12 Hindalco reports second quarter FY23 results
Nov. 12, 2022 - Hindalco reports second quarter FY23 results with highlights as below. It shows resilient performance despite significant headwinds. Key Highlights of Q2 FY23 (vs Q2 FY22) 1. Consolidated revenue at Rs.56,176 crore, up 18 per cent YoY 2. Quarterly consolidated PAT at Rs.2,205 c...
2022-06-17 Hindalco's alumina production grows by 20% in FY22
Jun. 7, 2022 - As a result of increased capacity at the Utkal alumina refinery in India's eastern state of Odisha, Hindalco Industries has increased its alumina output by 20% for FY22. On 16th September 2021, Naveen Patnaik, the Chief Minister of Odisha virtually inaugurated Utkal Alumina refinery...
2022-05-12 Novelis to build $2.5 billion low-carbon aluminum recycling and rolling plant
May 11, 2022 - Novelis Inc., the leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, today announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA. The highly advanced facility will have an initial 60...
2022-04-13 Hindalco's new unit Birla Copper Asoj has broken a record in production
Apr. 13, 2022 - Hindalco's new unit Birla Copper Asoj (formerly a Ryker unit) has broken a record in production. Below is the team marking their 100KT achievement. Post the merger with Ryker – a wholly-owned subsidiary of Polycab India Limited, this is the first time that Birla Copper Asoj (BCA...
2022-03-02 Novelis to build new $50 million recycling and casting center in South Korea
Mar. 1, 2022 - Novelis Inc., the world leader in aluminum rolling and recycling, announced that it will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea. Fully funded by Novelis, the Ulsan Recycling Center will have an annual casting capacity of 100 kilot...
2022-03-01 India's Hindalco raises October-December alumina output
Mar. 1, 2022 - Indian private-sector metals producer Hindalco registered a 27pc growth in alumina production during October-December from a year earlier, after the company's expansion project at Utkal Alumina rose to its full capacity. Hindalco's alumina production rose to 858,000t in the third quarter of the 202...
2022-02-11 Hindalco reports consolidated Q3 FY22 results
Feb. 10, 2022 - Hindalco Industries Limited, the Aditya Birla Group metals flagship, reported its highest net profit in Q3 FY22, surpassing all previous quarterly performances. The Company’s consolidated PAT surged to a record-high of ₹3,675 crore, an increase of 96% YoY. The results were driven b...
2022-01-13 Novelis to build $365 million recycling centre to support North American market and reduce carbon emissions
Jan. 12, 2022 - Novelis Inc., the world leader in aluminum rolling and recycling, today announced it will invest $365 million to build a highly advanced recycling centre for automotive in North America. With an annual casting capacity of 240 kt of sheet ingot, we expect the facility to r...
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