Friday, Nov 7: Shares of Hindalco Industries gained nearly 2% in Friday’s session, trading at Rs 801, up 1.60% or Rs 12.60 on the NSE, following the company’s strong Q2 FY26 earnings.
The Aditya Birla Group company reported a 21% year-on-year (YoY) jump in consolidated net profit at Rs 4,741 crore, compared to Rs 3,909 crore in Q2 FY25. Revenue from operations rose 13.5% YoY to Rs 66,058 crore, driven by improved aluminum realizations and higher volumes.
Operational highlights:
Total income stood at Rs 66,771 crore, while total expenses increased to Rs 60,050 crore from Rs 53,121 crore a year ago. Profit before tax rose to Rs 6,540 crore compared to Rs 5,643 crore in the same period last year.
In today’s session, Hindalco’s stock touched an intraday high of Rs 802.60 and a low of Rs 783, with a market capitalization of Rs 1.79 lakh crore.
The company’s P/E ratio stands at 10.51, and it offers a dividend yield of 0.63%, according to NSE data.
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