【SMM Aluminum Flash News】Hindalco Sees 5% Rise in Raw Material Costs, Reports Mixed Q4 Earnings

Published: May 26, 2026 17:24

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According to foreign media reports, an executive at Hindalco Industries said last Friday that the company expects raw material costs to rise by about 5%, but he also expressed confidence in retaining customers, including Ford Motor Company. The executive also stated that 2027 will be a “turning point” for its subsidiary Novelis, which is ramping up production of aluminum can sheets. In the fourth quarter of fiscal year 2026, Hindalco Industries reported revenue of 781.33 billion rupees, a 20% year-on-year increase from 648.9 billion rupees in the same period of the previous fiscal year; consolidated net profit was 25.97 billion rupees, a 51% year-on-year decrease from 52.83 billion rupees in the same period last year.

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