Financial Services

Aditya Birla Capital Limited (ABCL)

Chemicals

Aditya Birla Chemicals (Thailand) (ABCTL)

Fashion

Aditya Birla Fashion and Retail Limited (ABFRL)

Aditya Birla Lifestyle Brands Limited

Dining & Experiences

Aditya Birla New Age Hospitality  (ABNAH)

Real Estate

Aditya Birla Real Estate

Renewables

Aditya Birla Renewables (ABRL)

Aditya Birla Sun Life AMC Limited (ABSLAMC)

Carbon Black

Birla Carbon

Paints

Birla Opus Paints

Cellulosic Fibre

Textiles

Grasim Industries Limited

Metals

Hindalco Industries Limited

Jewellery

Indriya

Novelis Inc

Cement

UltraTech Cement Limited

Telecom

Vodafone Idea Limited (Vi)

Hindalco Industries Limited is the metals flagship company of Aditya Birla Group. It is one of Asia’s largest producers of primary aluminium (excluding China), and with its subsidiary Novelis, a global leader in flat rolled products and the world’s largest recycler of aluminium.In India, Hindalco is the largest aluminium downstream player providing customised solutions in flat rolled products and extruded aluminium solutions.Hindalco is India’s largest copper producer, contributing significantly to India’s domestic refined copper requirements. Its copper facility in India comprises a world-class copper smelter, downstream facilities, and a captive jetty.Hindalco operates across the value chain, from bauxite mining, alumina refining, coal mining, captive power plants, and aluminium smelting to downstream rolling, extrusions, and foils. It serves key sectors such as aerospace and defence, building and construction, electricals, and electronics, automotive and transport, beverage packaging, consumer durables and kitchenware, pharmaceuticals and food packaging, EV and renewables, refractories, and ceramics.Hindalco’s global footprint spans 48 manufacturing units across 10 countries (19 plants in India, and 29 overseas units). Hindalco also operates 23 mines. With a cross-cultural workforce of more than 68,500 people, it remains committed to building an agile, responsive, and productive work environment in line with our strategic priorities of value enhancing growth and strong ESG commitment. &nbsp;<h3>Products</h3>Aluminium<ul><li>Primary aluminium</li><li>Aluminium value added.</li><li>Flat Rolled Products (FRP)</li><li>Extrusions</li><li>Foils and packaging solutions</li><li>Metallurgical alumina &nbsp;</li></ul>Copper<ul><li>Cathodes</li><li>Continuous Cast Rods (CCR)</li><li>Gold and silver</li><li>By-products</li><li>Di-Ammonium Phosphate (DAP)</li><li>Sulphuric acid &nbsp;</li></ul>Chemicals<ul><li>Calcined alumina</li><li>Alumina hydrate</li><li>Sustainability</li></ul> Guided by its purpose of building a Greener, Stronger, Smarter world, Hindalco has made sustainability the backbone of its operations and strategy. Some key initiatives include global-first circular economy solutions that utilise bauxite residue as an industry input rather than waste and pioneering responsible mining through developing India’s first Sustainable Mining Charter. Initiatives for carbon neutrality, water positivity, biodiversity, and zero waste to landfill have contributed to Hindalco being recognised as the world’s most sustainable aluminium company by the Dow Jones Sustainability Indices in 2020 and 2021.&nbsp; Hindalco drives R&amp;D in aluminium solutions because these can play a big role in delivering climate action and sustainable decarbonisation for the nation. We innovated India’s first aluminium trailer, bulker, and bus which can save up to 300 tonnes of carbon per vehicle over their lifetime. We are building new-age rail and transport solutions for freight and passenger transport. We are creating an Aluminium-Air battery that does not require a charging infrastructure.Mr. Satish Pai is the Managing Director of Hindalco Industries Limited.

<h3>India business scales new highs; Novelis regains momentum</h3>All-time high EBITDA across India Aluminium, Copper and <a href="/businesses/companies/novelis-inc/">Novelis</a>Consolidated Revenue and PAT at historic highs&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h4>Q1 FY27 – Key Highlights</h4><ul><li>Record quarterly consolidated Revenue at ₹84,825 crore, up 32%</li><li>All-time high quarterly consolidated EBITDA at ₹14,989 crore, up 73%</li><li>All-time high quarterly consolidated PAT at ₹7,013 crore, up 75% owing to strong performance across all businesses</li><li>Record Aluminium Upstream quarterly EBITDA at ₹7,390 crore, up 81%</li><li>Record Copper quarterly EBITDA at ₹918 crore, up 36%</li><li>Record Novelis quarterly Adjusted EBITDA* at ₹4,875 crore, up 37%</li><li>Production at Novelis’ Oswego plant restarted and now ramping up</li><li>Bay Minette’s commissioning process underway</li><li>Consolidated Net Debt to EBITDA at 1.95x as of June 30, 2026 vs 1.02x a year ago</li></ul>&nbsp;<a href="/businesses/companies/hindalco-industries-limited/">Hindalco Industries Limited</a>, the Aditya Birla Group metals flagship, today reported its strongest-ever performance for the quarter ended June 30, 2026, achieving new highs in Revenue, EBITDA and PAT, driven by strong India business momentum and Novelis’ recovery.Consolidated EBITDA for the first quarter stood at ₹14,989 crore, up 73% from the same quarter last year. Quarterly Net Profit was ₹7,013 crore compared to ₹4,004 crore in the same quarter last year, backed by strong performance across all business segments. Aluminium Upstream, Aluminium Downstream, Copper and Novelis delivered their highest-ever quarterly EBITDA.Hindalco’s milestone performance was driven by favourable macro tailwinds and the Company’s strategic focus on resource security, premium product innovation and relentless operational excellence.Novelis recorded a 37% improvement in EBITDA, buoyed by the successful restart of Oswego hot mill and accelerated benefits from its cost optimisation programme.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; * As per US GAAP<h3> Summary of Consolidated Financial Highlights for the Quarter ended June 30, 2026 (₹ Crore)&nbsp;</h3><figure class="table" style="float:left;"><table border="0" cellspacing="0" cellpadding="0" width="664"><thead><tr><th width="340" nowrap="">Particulars&nbsp;</th><th width="102" nowrap="">Q1 FY26&nbsp;</th><th width="120" nowrap="">Q1 FY27&nbsp;</th><th width="102">Growth %&nbsp;</th></tr></thead><tbody><tr><td width="340" nowrap="">Revenue from Operations</td><td width="102" nowrap="">64,232</td><td width="120" nowrap="">84,825&nbsp;</td><td style="vertical-align:top;" width="102">32%</td></tr><tr><td width="340" nowrap="">EBITDA</td><td width="102" nowrap="">8,673</td><td width="120" nowrap="">14,989&nbsp;</td><td style="vertical-align:top;" width="102">73%</td></tr><tr><td width="340" nowrap="">PBDT</td><td width="102" nowrap="">7,919</td><td width="120" nowrap="">14,023</td><td style="vertical-align:top;" width="102">77%</td></tr><tr><td width="340" nowrap="">Exceptional Income/ (Expenses) (Net)</td><td width="102" nowrap="">-</td><td width="120" nowrap="">(2,299)</td><td style="vertical-align:top;" width="102">-</td></tr><tr><td width="340" nowrap="">Profit Before Tax (After Exceptional Item)</td><td width="102" nowrap="">5,676</td><td width="120" nowrap="">9,393</td><td style="vertical-align:top;" width="102">65%</td></tr><tr><td width="340" nowrap="">Profit/ (Loss) After Tax</td><td width="102" nowrap="">4,004</td><td width="120" nowrap="">7,013&nbsp;</td><td style="vertical-align:top;" width="102">75%</td></tr><tr><td width="340" nowrap="">EPS (₹/Share) - Basic</td><td width="102" nowrap="">18.03</td><td width="120" nowrap="">31.58&nbsp;</td><td style="vertical-align:top;" width="102">75%</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><h3> Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries, said,&nbsp;</h3>“Hindalco has started FY27 on a strong note, delivering record Revenue, EBITDA and PAT, with every business segment contributing meaningfully to this performance. Our India business delivered another record quarterly performance while Novelis reported improved profitability supported by the successful restart of Oswego and continued benefits from cost optimisation measures.&nbsp;Our Aluminium Upstream business reported an all-time high EBITDA, backed by favourable macros and operational efficiencies. Both our Copper and Aluminium Downstream businesses also delivered record quarterly EBITDA reflecting the continued strength of our diversified business model, value added products and operational excellence.&nbsp;Looking ahead, our pipeline of strategic investments remains robust across upstream and downstream. As we continue to expand upstream capacities in alumina, aluminium and copper, we are scaling up our downstream projects. Projects such as Aditya FRP, battery foil, battery enclosure, Inner Grooved Tube are progressing well while the ramp of Novelis’ Oswego plant and Bay Minette plant will mark another milestone in our downstream growth journey. Together, these investments position Hindalco uniquely as an integrated global metals company with the right balance of upstream strength and downstream value addition to deliver sustainable, long-term growth.”&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Advancing Sustainably</h3><ul><li>Operationalised a 65 MW round-the-clock renewable energy project at Aditya Aluminium, making Hindalco the only company in India with an operational captive round-the-clock renewable energy plant</li><li>Achieved 80% overall waste utilisation in the first quarter, while advancing India's first bauxite residue-based quarry backfilling initiative at Dalla stone quarry in Uttar Pradesh</li><li>Water recycling increased to 29% across operations, up from 27% a year ago, supported by advanced tertiary water treatment initiatives</li><li>Planted 80,000 saplings in Q1, taking cumulative plantation to 6.34 million trees; launched pollinator conservation initiatives at Baphlimali mines, and developed avian habitats at the Aditya Aluminium Biodiversity Park&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul>Recognised as the World's Most Sustainable Aluminium Company in the S&amp;P Global CSA for the sixth consecutive year (2020–2025).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Segment-wise Performance for Q1 FY27</h3><h4>Novelis*</h4><figure class="table" style="float:left;"><table border="0" cellspacing="0" cellpadding="0" width="607"><thead><tr><th width="249" nowrap="">Particulars</th><th style="vertical-align:bottom;" width="105" nowrap="">UOM</th><th width="127" nowrap="">Q1 FY26</th><th width="125" nowrap="">Q1 FY27</th></tr></thead><tbody><tr><td width="249" nowrap="">Shipments</td><td style="vertical-align:bottom;" width="105" nowrap="">Kt</td><td width="127" nowrap="">963</td><td width="125" nowrap="">916</td></tr><tr><td width="249" nowrap="">Revenue</td><td style="vertical-align:bottom;" width="105" nowrap="">$ Bn</td><td width="127" nowrap="">4.7</td><td width="125" nowrap="">5.8</td></tr><tr><td width="249" nowrap="">Business Segment EBITDA</td><td style="vertical-align:bottom;" width="105" nowrap="">$Mn</td><td width="127" nowrap="">416</td><td width="125" nowrap="">516</td></tr><tr><td width="249" nowrap="">EBITDA/ton</td><td style="vertical-align:bottom;" width="105" nowrap="">$/ton</td><td width="127" nowrap="">432</td><td width="125" nowrap="">563</td></tr></tbody></table></figure>&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Revenue at $5.8 billion, up 23%, driven by higher metal prices</li><li>Adjusted EBITDA at $516 million, up 24%, supported by structural cost reduction initiatives</li><li>Oswego hot mill restarted in June and production is ramping up</li><li>Bay Minette plant commissioning is underway; expect to commence commercial shipments in Q1 FY28&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; * As per US GAAP</li></ul><h4> Aluminium (India)</h4>Aluminium Upstream:<figure class="table" style="float:left;"><table border="0" cellspacing="0" cellpadding="0" width="603"><thead><tr><th width="240" nowrap="">Particulars</th><th style="vertical-align:bottom;" width="120" nowrap="">UOM</th><th width="120" nowrap="">Q1 FY26</th><th width="123" nowrap="">Q1 FY27</th></tr></thead><tbody><tr><td width="240" nowrap="">Shipments</td><td style="vertical-align:bottom;" width="120" nowrap="">Kt</td><td width="120" nowrap="">325</td><td width="123" nowrap="">335</td></tr><tr><td width="240" nowrap="">Revenue</td><td style="vertical-align:bottom;" width="120" nowrap="">₹ Cr</td><td width="120" nowrap="">9,331</td><td width="123" nowrap="">13,403</td></tr><tr><td width="240" nowrap="">Business Segment EBITDA</td><td style="vertical-align:bottom;" width="120" nowrap="">₹ Cr</td><td width="120" nowrap="">4,080</td><td width="123" nowrap="">7,390</td></tr><tr><td width="240" nowrap="">EBITDA/ton</td><td style="vertical-align:bottom;" width="120" nowrap="">$/ton</td><td width="120" nowrap="">1,467</td><td width="123" nowrap="">2,331</td></tr></tbody></table></figure>&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Quarterly Upstream revenue at ₹13,403 crore, up 44%</li><li>Record Aluminium quarterly Upstream EBITDA at ₹7,390 crore, up 81%, driven by favourable macros and stronger operational performance</li><li>All-time high quarterly Aluminium Upstream EBITDA per tonne at $2,331, up 59%</li><li>Aluminium Upstream continued to deliver robust EBITDA margins, at 55%</li><li>Aditya Smelter Phase 2 on track to begin metal production in FY28&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul>Aluminium Downstream:<ul><li>Sales of Aluminium Downstream stood at 104 KT, up 3%</li><li>Downstream revenue was ₹4,889 crore, up 46%</li><li>All-time high quarterly Aluminium Downstream EBITDA at ₹298 crore, up 30% supported by favourable product mix and higher shipments</li><li>Downstream EBITDA per tonne at $303, up 15%, led by change in product mix and premiumization benefits</li><li>Aluminium Battery foil plant at Aditya and Coated AC Fins plant at Taloja commissioned; FRP plant at Aditya scaling up to optimal production levels&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li></ul><h4>Copper (India)</h4><figure class="table" style="float:left;"><table border="0" cellspacing="0" cellpadding="0" width="591"><thead><tr><th width="261" nowrap="">Particulars</th><th style="vertical-align:bottom;" width="110" nowrap="">UOM</th><th width="110" nowrap="">Q1 FY26</th><th width="110" nowrap="">Q1 FY27</th></tr></thead><tbody><tr><td width="261" nowrap="">Total Metal sales</td><td style="vertical-align:bottom;" width="110" nowrap="">Kt</td><td width="110" nowrap="">124</td><td width="110" nowrap="">105</td></tr><tr><td width="261" nowrap="">*Of which CCR Sales</td><td style="vertical-align:bottom;" width="110" nowrap="">Kt</td><td width="110" nowrap="">104</td><td width="110" nowrap="">96</td></tr><tr><td width="261" nowrap="">Revenue</td><td style="vertical-align:bottom;" width="110" nowrap="">₹ Cr</td><td width="110" nowrap="">14,886</td><td width="110" nowrap="">17,232</td></tr><tr><td width="261" nowrap="">EBITDA</td><td style="vertical-align:bottom;" width="110" nowrap="">₹ Cr</td><td width="110" nowrap="">673</td><td width="110" nowrap="">918</td></tr></tbody></table></figure>&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Copper metal sales at 105 KT, down 16%</li><li>Copper Continuous Cast Rod (CCR) sales at 96 KT, down 8%</li><li>Revenue at ₹17,232 crore, up 16%</li><li>Record quarterly EBITDA at ₹918 crore despite a planned major smelter maintenance, backed by strong operational performance and higher realisation of by-products like sulphuric acid</li><li>Copper Tubes and Inner Grooved Tubes plant fully operational and scaling up</li><li>Copper and e-waste recycling project to commission in FY27</li></ul>

Hindalco posts record Q1FY27 Results

Aditya Birla Capital (ABCL) is the finance flagship of Aditya Birla Group. ABCL is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses.&nbsp;ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 68,400 employees, the businesses of ABCL have a nationwide reach with over 1,740 branches and more than 200,000 agents/channel partners along with several bank partners.ABCL and its subsidiaries/JVs manage aggregate assets under management of over Rs. 5.91 Lakh crore (~$61.3 bn) and the consolidated lending book of over Rs. 2 Lakh Crore as of March 31, 2026 &nbsp;<h3>Aditya Birla Capital Limited is the holding company of all the following financial services businesses:</h3><ul><li>Aditya Birla Health Insurance Co. Limited</li><li>Aditya Birla Housing Finance Limited</li><li>Aditya Birla Sun Life AMC Limited</li><li>Aditya Birla Sun Life Pension Fund Management Limited</li><li>Aditya Birla Asset Reconstruction Company Limited&nbsp;</li><li>Aditya Birla Money Limited</li><li>Aditya Birla Wellness Private Limited</li><li>Aditya Birla Capital Digital Limited &nbsp;</li></ul><h3>Products</h3><h4>Finance</h4><ul><li>Home finance</li><li>Personal finance</li><li>SME finance</li><li>Real estate finance</li><li>Project finance</li><li>Loan again securities</li><li>Corporate finance</li><li>Debt capital market</li><li>Loan syndication &nbsp;</li></ul><h4>Asset management</h4><ul><li>Mutual funds</li><li>Wealth</li><li>Stocks and securities</li><li>Private equity</li><li>PMS</li><li>Real estate investment</li><li>Pension funds &nbsp;</li></ul><h4>Insurance</h4><ul><li>Life insurance</li><li>Health insurance</li><li>Motor insurance</li><li>Corp general insurance</li><li>Travel insurance &nbsp;</li></ul><h4>Advisory</h4><ul><li>Money advise tool</li></ul>

<ul><li>Consolidated Profit after Tax grew 40% y-o-y to &nbsp;1,175 crore&nbsp;</li><li>Consolidated Revenue1 grew 29% y-o-y to &nbsp;14,731 crore&nbsp;</li><li>Total lending portfolio grew by 32% y-o-y and 6% q-o-q to &nbsp;2,19,289 crore&nbsp;</li><li>HFC AUM grew by 50% year-on-year and crossed &nbsp;50,000 crore</li><li>Mutual fund quarterly average AUM grew 6% y-o-y to &nbsp;4,27,675 crore&nbsp;</li><li>Life insurance individual first year premium grew 20% y-o-y to &nbsp;952 crore&nbsp;</li><li>Health insurance gross written premium increased 50% y-o-y to &nbsp;2,196 crore</li><li>Raised equity growth capital of &nbsp;4,000 crore via preferential allotment from Promoters and International Finance Corporation&nbsp; &nbsp;</li></ul><a href="/businesses/companies/aditya-birla-capital-limited-abcl/">Aditya Birla Capital Limited</a> (“The Company”) announced its financial results for the quarter ended June 30, 2026.The consolidated revenue1 grew by 29% year-on-year to ₹ 14,731 crore in Q1 FY27. The consolidated profit after tax grew by 40% year-on-year to ₹ 1,175 crore in Q1 FY27. The overall lending portfolio (NBFC and HFC) grew by 32% year-on-year and 6% sequentially to ₹ 2,19,289 crore as on June 30, 2026. The total AUM (AMC, life insurance and health insurance) grew by 36% year-on-year to ₹ 7,52,745 crore as on June 30, 2026. The life insurance individual first year premium grew by 20% year-on-year to ₹ 952 crore in Q1 FY27 and health insurance gross written premium grew by 50% year-on-year to ₹ 2,196 crore in Q1 FY27. &nbsp;<h3>Key Business Highlights:</h3><h4>NBFC Business</h4><ul><li>Disbursements grew by 34% year-on-year to ₹ 21,201 crore&nbsp;</li><li>AUM grew by 28% year-on-year and 5% sequentially to ₹ 1,67,456 crore&nbsp;</li><li>Profit before tax grew by 32% year-on-year and 10% sequentially to ₹ 1,222 crore&nbsp;</li><li>Return on assets increased by 14 bps year-on-year and 8 bps sequentially to 2.39%&nbsp;</li><li>Gross stage 3 ratio improved by 97 bps year-on-year and 3 bps sequentially to 1.30% &nbsp;</li></ul><h4>Housing Finance&nbsp;</h4><ul><li>Disbursements grew by 39% year-on-year to ₹ 7,515 crore</li><li>AUM grew by 50% year-on-year and 9% sequentially to ₹ 51,833 crore&nbsp;</li><li>Profit before tax grew by 95% year-on-year and 18% sequentially to ₹ 300 crore</li><li>Return on assets increased by 53 bps year-on-year and 5 bps sequentially to 2.12%&nbsp;</li><li>Gross stage 3 ratio improved by 22 bps year-on-year and 3 bps sequentially to 0.41% &nbsp;</li></ul><h4>AMC Business&nbsp;</h4><ul><li>Mutual fund quarterly average assets under management grew by 6% year-on year to 4,27,675 crore&nbsp;</li><li>Equity QAAUM grew by 10% year-on-year to ₹ 1,98,722 crore&nbsp;</li><li>Individual monthly average assets under management grew by 3% year-on-year to 2,10,606 crore</li><li>Profit after tax grew by 12% year-on-year to ₹ 309 crore &nbsp;</li></ul><h4>Life Insurance Business</h4><ul><li>Individual First Year Premium (FYP) grew by 20% year-on-year to ₹ 952 crore</li><li>Group new business premium increased by 74% year-on-year to ₹ 1,281 crore</li><li>Renewal premium grew by 19% year-on-year to ₹ 2,345 crore</li><li>Net value of new business (VNB) margin increased by 756 bps year-on-year to 15.1%</li><li>Absolute net VNB grew by 153% year-on-year to ₹ 167 crore &nbsp;</li></ul><h4>Health Insurance Business&nbsp;</h4><ul><li>Gross written premium grew by 50% year-on-year to &nbsp; 2,196 crore</li><li>Standalone health insurer market share increased by 200 bps year-on-year to 16.2%</li><li>Combined ratio improved to 106% (Q1 FY26: 107%)&nbsp;</li></ul>&nbsp;During Q1 FY27, the Company raised equity growth capital of Rs. 4,000 crore - Rs. 2,880 crore from Grasim Industries Limited (Promoter), Rs. 200 crore from Suryaja Investment Pte Limited, Singapore (Promoter Group entity) and Rs. 920 crore from International Finance Corporation (IFC) - via preferential allotment of shares. A large majority of the proceeds from the raise i.e. 87.5% will be utilised for meeting the growth objectives of the NBFC business and 12.5% for other general corporate purposes, including investments in subsidiaries/JV/associates.The Company continues to strengthen its digital platforms to enable seamless customer onboarding and service delivery. The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 26 products and services such as payments, loans, insurance, and investments. The platform has witnessed a strong response with about 1.2 crore customer acquisitions as of June 30, 2026.&nbsp;The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with over 24 lakh registrations and reached an AUM of ₹ 6,229 crore as of June 30, 2026.&nbsp;The Company also continues to expand its physical footprint with a pan-India presence of 1,759 branches across all businesses as of June 30, 2026. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments.

Aditya Birla Capital Q1 FY27 Results: Strong Earnings Growth across Businesses with Robust Asset Quality; Raised Rs 4,000 Cr Growth Capital via Pref. Allotment, onboarding IFC

Highlights<ul><li>Consolidated Profit after Tax grew 40% y-o-y to &nbsp;1,175 crore&nbsp;</li><li>Consolidated Revenue1 grew 29% y-o-y to &nbsp;14,731 crore&nbsp;</li><li>Total lending portfolio grew by 32% y-o-y and 6% q-o-q to &nbsp;2,19,289 crore&nbsp;</li><li>HFC AUM grew by 50% year-on-year and crossed &nbsp;50,000 crore</li><li>Mutual fund quarterly average AUM grew 6% y-o-y to &nbsp;4,27,675 crore&nbsp;</li><li>Life insurance individual first year premium grew 20% y-o-y to &nbsp;952 crore&nbsp;</li><li>Health insurance gross written premium increased 50% y-o-y to &nbsp;2,196 crore</li><li>Raised equity growth capital of &nbsp;4,000 crore via preferential allotment from Promoters and International Finance Corporation</li></ul> <a href="/businesses/companies/aditya-birla-capital-limited-abcl/">Aditya Birla Capital Limited</a> (“The Company”) announced its financial results for the quarter ended June 30, 2026 (Q1 FY2027).The consolidated revenue1 grew by 29% year-on-year to ₹ 14,731 crore in Q1 FY27. The consolidated profit after tax grew by 40% year-on-year to ₹ 1,175 crore in Q1 FY27. The overall lending portfolio (NBFC and HFC) grew by 32% year-on-year and 6% sequentially to₹ 2,19,289 crore as on June 30, 2026. The total AUM (AMC, life insurance and health insurance) grew by 36% year-on-year to ₹ 7,52,745 crore as on June 30, 2026. The life insurance individual first year premium grew by 20% year-on-year to ₹ 952 crore in Q1 FY27 and health insurance gross written premium grew by 50% year-on-year to ₹ 2,196 crore in Q1 FY27. &nbsp;<h3>Key Business Highlights:</h3><h4>NBFC Business</h4><ul><li>Disbursements grew by 34% year-on-year to ₹ 21,201 crore&nbsp;</li><li>AUM grew by 28% year-on-year and 5% sequentially to ₹ 1,67,456 crore&nbsp;</li><li>Profit before tax grew by 32% year-on-year and 10% sequentially to ₹ 1,222 crore&nbsp;</li><li>Return on assets increased by 14 bps year-on-year and 8 bps sequentially to 2.39%&nbsp;</li><li>Gross stage 3 ratio improved by 97 bps year-on-year and 3 bps sequentially to 1.30% &nbsp;</li></ul><h4>Housing Finance</h4><ul><li>Disbursements grew by 39% year-on-year to ₹ 7,515 crore</li><li>AUM grew by 50% year-on-year and 9% sequentially to ₹ 51,833 crore&nbsp;</li><li>Profit before tax grew by 95% year-on-year and 18% sequentially to ₹ 300 crore</li><li>Return on assets increased by 53 bps year-on-year and 5 bps sequentially to 2.12%&nbsp;</li><li>Gross stage 3 ratio improved by 22 bps year-on-year and 3 bps sequentially to 0.41% &nbsp;</li></ul><h4>AMC Business</h4><ul><li>Mutual fund quarterly average assets under management grew by 6% year-on year to 4,27,675 crore&nbsp;</li><li>Equity QAAUM grew by 10% year-on-year to ₹ 1,98,722 crore&nbsp;</li><li>Individual monthly average assets under management grew by 3% year-on-year to 2,10,606 crore</li><li>Profit after tax grew by 12% year-on-year to ₹ 309 crore &nbsp;</li></ul><h4>Life Insurance Business</h4><ul><li>Individual First Year Premium (FYP) grew by 20% year-on-year to ₹ 952 crore</li><li>Group new business premium increased by 74% year-on-year to ₹ 1,281 crore</li><li>Renewal premium grew by 19% year-on-year to ₹ 2,345 crore</li><li>Net value of new business (VNB) margin increased by 756 bps year-on-year to 15.1%</li><li>Absolute net VNB grew by 153% year-on-year to ₹ 167 crore &nbsp;</li></ul><h4>Health Insurance Business</h4><ul><li>Gross written premium grew by 50% year-on-year to &nbsp; 2,196 crore</li><li>Standalone health insurer market share increased by 200 bps year-on-year to 16.2%</li><li>Combined ratio improved to 106% (Q1 FY26: 107%) &nbsp;</li></ul>During Q1 FY27, the Company raised equity growth capital of Rs. 4,000 crore - Rs. 2,880 crore from <a href="/businesses/companies/grasim-industries-limited/">Grasim Industries Limited</a> (Promoter), Rs. 200 crore from Suryaja Investment Pte Limited, Singapore (Promoter Group entity) and Rs. 920 crore from International Finance Corporation (IFC) - via preferential allotment of shares. A large majority of the proceeds from the raise i.e. 87.5% will be utilised for meeting the growth objectives of the NBFC business and 12.5% for other general corporate purposes, including investments in subsidiaries/JV/associates.The Company continues to strengthen its digital platforms to enable seamless customer onboarding and service delivery. The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 26 products and services such as payments, loans, insurance, and investments. The platform has witnessed a strong response with about 1.2 crore customer acquisitions as of June 30, 2026.The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with over 24 lakh registrations and reached an AUM of ₹ 6,229 crore as of June 30, 2026.The Company also continues to expand its physical footprint with a pan-India presence of 1,759 branches across all businesses as of June 30, 2026. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments.

Aditya Birla Capital Q1FY27 Results: Strong Earnings, Growth across Businesses

UltraTech Cement Limited is the cement flagship company of Aditya Birla Group. A USD 9.9 billion company, UltraTech is the world’s largest Cement Company by sales volume and capacity, excluding China.&nbsp;The Company has a consolidated production capacity of 205.5 Million Tonnes Per Annum (MTPA) of grey cement. The Company’s business operations span UAE, Bahrain, Sri Lanka and India.UltraTech’s manufacturing footprint comprises of 34 integrated manufacturing units, one Clinkerisation unit, 36 grinding units and 10 bulk packaging terminals. With 465 Ready Mix Concrete (RMC) plants in 167 cities, UltraTech is the largest manufacturer of Ready Mix Concrete in India. It has a slew of speciality concretes that meet specific needs of discerning customers.&nbsp;UltraTech has a network of over 1.45 lakh channel partners across the country and has a market reach of more than 80% across India. In the white cement segment, UltraTech goes to market under the brand name of Birla White. It has two White Cement units and four Wall Care putty units, with a current capacity of 3.3 MTPA.&nbsp;In 2025, UltraTech extended its footprint in the construction value chain, through wires and cables segment with a planned capital expenditure of ~ INR 1,800 crore over the next 2 years.The Company’s social initiatives focus on education, healthcare, sustainable livelihoods, community infrastructure and social causes. Through its CSR initiatives, UltraTech reaches out to more than 1.8 million beneficiaries in over 500 villages across India.UltraTech is also a founding member of Global Cement and Concrete Association (GCCA). It is a signatory to the GCCA Climate Ambition 2050 and has committed to the Net Zero Concrete Roadmap announced by GCCA. UltraTech is focused on accelerating the decarbonisation of its operations, and is the first company in India and the second company in Asia to issue dollar-based sustainability linked bonds. UltraTech works to actively contribute to the social and economic development of the communities in which it operates in.&nbsp;Mr. K.C. Jhanwar is the Managing Director of UltraTech Cement. Effective 1 April 2026, Mr. Jayant Dua has been elevated to the position of Managing Director. Mr. Dua will continue to serve as Managing Director (Designate) until he officially assumes the position upon the expiration of Mr. Jhanwar's term on 31 December 2026.<o:p></o:p>

Robust execution, expanding capacity platform and sustainability-led growth reinforce UltraTech’s leadership<h3>Financial Results: Q1FY27 (Rs. in crores)</h3><figure class="table" style="width:100%;"><table class="ck-table-resized"><colgroup><col style="width:40.08%;"><col style="width:30.69%;"><col style="width:29.23%;"></colgroup><tbody><tr><td rowspan="2">Particulars</td><td style="text-align:center;" colspan="2">Consolidated</td></tr><tr><td style="text-align:center;">Q1FY27</td><td style="text-align:center;">Q1FY26</td></tr><tr><td>Net Sales</td><td style="text-align:center;">24,465</td><td style="text-align:center;">21,040</td></tr><tr><td>PBIDT</td><td style="text-align:center;">5,146</td><td style="text-align:center;">4,591</td></tr><tr><td>PAT</td><td style="text-align:center;">2,604</td><td style="text-align:center;">2,221</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div> <a href="/businesses/companies/ultratech-cement-limited/">UltraTech Cement Limited</a>, an Aditya Birla Group company, today announced its financial results for the quarter ended 30 June 2026, delivering a strong start to FY27 with broad-based growth across revenues, profitability and sales volumes.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>FINANCIALS</h3>Consolidated Net Sales rose to Rs. 24,465 crores, compared with Rs. 21,040 crores in the corresponding period of the previous year, registering a growth of 16%. Profit before interest, depreciation and tax stood at Rs. 5,146 crores, compared with Rs. 4,591 crores. Profit after tax increased to Rs. 2,604 crores, compared with Rs. 2,221 crores.The strong performance reflects UltraTech’s ability to deliver profitable growth at scale, supported by disciplined market execution, operating efficiencies and continued integration of acquired assets.This capability is reflected in the rapid turnaround of The India Cements Limited, where disciplined integration, sharper cost focus and stronger market execution have begun translating into gains. This is evident from India Cements Q1 FY27 Normalised PAT at Rs. 52 crores compared to Net loss of Rs. 183 crores in Q1 FY25, supported by 18.5% volume growth, demonstrated UltraTech’s ability to rapidly stabilise, integrate and improve acquired assets.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>OPERATIONS</h3>UltraTech delivered an excellent operating performance in Q1 FY27, reinforcing the strength of its pan-India manufacturing and distribution platform. Domestic sales volumes stood at 39.2 million tonnes, registering 13.1% growth over the corresponding period of the previous year.Capacity utilisation stood at 81% on an installed capacity of 200.1 MTPA in India, reflecting the underlying strength in demand across housing, infrastructure and commercial construction segments. Operating EBITDA per tonne improved to Rs. 1,214, compared with Rs. 1,198/mt in the previous year same quarter, underscoring the Company’s continuing focus on cost discipline and execution excellence.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>MANUFACTURING CAPACITY</h3>UltraTech’s manufacturing platform continued to strengthen during the quarter, building on the significant milestone achieved in April 2026 when the Company crossed 200.1 MTPA domestic grey cement capacity and 205.5 MTPA global capacity, including its international footprint.The Company’s expansion program remains anchored in a balanced combination of greenfield projects, brownfield expansions and debottlenecking opportunities. This approach continues to enhance market reach, improve logistics efficiency and strengthen service reliability across regions, further consolidating UltraTech’s leadership position.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>SUSTAINABILITY</h3>Sustainability remains integral to UltraTech’s operating and growth strategy. During Q1 FY27, the Company advanced its decarbonisation agenda across green power, energy efficiency, circularity and logistics.The Company advanced its efforts on green logistics through deployment of electric heavy-duty trucks for mining operations and clinker transportation.In furtherance of its commitment to sustainable operations and environmental stewardship, UltraTech commissioned 20 MW of Waste Heat Recovery System (WHRS) capacity during the quarter. Consequently, the Company’s total installed WHRS capacity increased to 434 MW. Along with its renewable energy of 1.4 GW, the company achieved a green power mix of 47% at the end of this quarter.UltraTech has been recognized as an S&amp;P Global Sustainability Yearbook 2026 Member for the Construction Materials Sector, reaffirming its continued progress on sustainability performance and responsible growth.

UltraTech delivers strong Q1 FY27 performance: Net Sales up 16%, PAT up 17%, Domestic volumes up 13.1%

Aditya Birla Renewables aims to become one of India’s top renewable energy businesses and to enable the nation to become self-reliant (Atmanirbhar) in renewable power.Founded in 2011, Aditya Birla Renewables Limited (ABRL) has built a portfolio of ~4.3 gigawatts (including projects in the pipeline) in several states of India. It is powering ahead in an ambitious journey to achieve 10 GWp in installed capacity in future.In 2011, the company was among India’s first renewable energy companies to answer the call of the Jawaharlal Nehru Solar Mission, which flagged off the country’s green energy journey. It supports a host of national commitments, including India’s COP26 promise to get half its energy from renewable sources by 2030. By enabling governments and businesses to reach for a sustainable, low-carbon future, Aditya Birla Renewables is helping India fulfil its energy promises to the world.The company has strong market leadership in the Commercial and Industrial (C&amp;I) power segment. Prestigious businesses like Grasim, Hindalco, UltraTech, Century Enka, and others rely on ABRL to establish and run captive renewable power projects.It is also leading the change towards clean, affordable, and sustainable energy through partnerships with the public sector. Government utilities, including those in Karnataka, Maharashtra, Odisha, Rajasthan, Telangana, and Gujarat, are among the customers.Aditya Birla Renewables’ expertise spans solar (including floating solar and rooftop) power, wind energy, and hybrid power (solar + wind). The company is looking to expand its portfolio to include battery storage solutions, ‘round-the-clock’ projects, hydrogen and ammonia-based power solutions, and manufacture of solar PV modules.Mr. Amit Jain is the Chief Executive Officer of Aditya Birla Renewables.

Acquisition values Sprng Energy at ~US$ 1.8 billion. Combined portfolio of 9.3 GWp positions Aditya Birla Group’s renewables business as one of the largest players in the sector<a href="/businesses/companies/aditya-birla-renewables-abrl/">Aditya Birla Renewables Limited (ABRen)</a>, a subsidiary of <a href="/businesses/companies/grasim-industries-limited/">Grasim Industries Ltd.</a>, today announced the signing of a definitive agreement to acquire 100% equity shares and securities of Solenergi Power Private Limited, which owns the Sprng Energy group of companies, from Shell Overseas Investment B.V., a wholly owned subsidiary of Shell PLC (“Seller”).This transaction is amongst the largest acquisitions in India’s renewable energy sector both by value and scale. The transaction values the business at an enterprise value of INR 17,200 Crores (~US$1.8 billion). The equity consideration payable to the seller will be determined after adjusting for debt, cash, and other items as specified in the transaction documents. The acquisition is proposed to be funded through a mix of debt and equity infusion from Grasim and funds managed by Global Infrastructure Partners (a part of Blackrock). This transaction adds a contracted portfolio of ~5 GWp capacity (~3.3 GWp of operational capacity and ~1.7 GWp of under construction capacity) along with a strong connectivity and development pipeline.The acquisition significantly accelerates ABRen’s renewable energy growth ambitions by combining its strong presence in the Commercial &amp; Industrial (“C&amp;I”) segment with Sprng Energy’s complementary utility-scale platform.Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over a long arc of time, the Aditya Birla Group has built businesses at global scale that have contributed to India's long-term growth, be it in building materials, metals, financial services, or retail. We view India’s energy transition through the same lens. At its core, this is about strengthening our nation’s energy future, enhancing industrial competitiveness, and creating the foundations for sustained economic growth.”He added, “This acquisition brings together two highly complementary platforms and marks an important milestone in ABRen’s evolution. Together, we will have a diversified portfolio and a deep development pipeline that puts us on course to scale to 20 GWp+ in the coming years. More importantly, it positions us to participate meaningfully in one of the largest energy transformations underway anywhere in the world.”Mr. Aryaman Vikram Birla, Director, Aditya Birla Group and Aditya Birla Renewables, said, “This acquisition is a pivotal moment in ABRen’s evolution, rapidly accelerating our ambition to build a top-tier renewable energy platform at national scale. By integrating Sprng Energy’s high-quality utilities portfolio with our C&amp;I capabilities, we are significantly enhancing both the strength and resilience of our combined platform. Additionally, Sprng Energy brings a high-quality asset base, creditworthy off-takers and strong contracted cashflows.”He added, “Having almost achieved our ~10 GWp target ahead of time, we are now on track to double capacity in the next few years. This step-up reflects not just scale, but a sharper focus on quality, execution, and long-term value creation.”Mr. Jayant Dua, Business Head, Aditya Birla Renewables Limited, said, “This combination brings together two strong renewable energy platforms with complementary capabilities, geographical presence, customer relationships, and a talented pool of professionals across key functional areas. By leveraging our collective expertise across project development, engineering, procurement, construction, and asset management, we believe we can unlock meaningful operational synergies, significantly deepen our organizational capabilities, and accelerate project execution. Our priority will be to ensure business continuity, deliver reliable clean power to customers, and continue building a best-in-class renewable energy platform.”The transaction is expected to be completed before the end of the calendar year 2026, subject to the receipt of necessary regulatory approvals and satisfaction of other customary conditions under the transaction documents.

Aditya Birla Group to acquire Sprng Energy from Shell, Creating one of India's largest integrated renewable energy platforms

Grasim Industries Limited is the flagship company of Aditya Birla Group. It started as a textiles manufacturer in India in 1947, just 11 days after the country achieved independence. Today, it has evolved into a leading diversified player with leadership presence across many sectors. It is a leading global producer of Cellulosic Fibre, Diversified Chemicals, Linen Yarn and Fabrics producer in India.&nbsp;Through its subsidiaries, UltraTech Cement, Aditya Birla Capital, and Aditya Birla Renewables, Grasim is also India’s prominent cement producer, leading diversified financial services player and clean energy solutions player.The company is also present in the decorative paints business under the brand name ‘Birla Opus’. With six state-of-the art manufacturing plants across India, Birla Opus has a consolidated capacity of 1,332 MLPA, which is greater than combined current capacity of existing 2nd, 3rd and 4th largest players in India.&nbsp;Leveraging the Group synergies, Grasim launched “Birla Pivot”, the B2B online marketplace for building materials in 2023. Today, Birla Pivot is the fastest growing B2B e-commerce platform offering over 50,000 SKUs from over 1000+ national and regional brands.<h3>Grasim has a strong presence in the market through following businesses:</h3>Viscose Staple FibreGrasim is India's pioneer in cellulosic viscose fibre (CSF) or prominently known as viscose staple fibre (VSF). It is a man-made, bio-degradable fibre that is fast emerging as a sustainable alternative to cotton. A versatile fibre, CSF is used in apparel, home textiles, dress materials, knit wears and non-woven applications. Grasim’s business, Birla Cellulose, has a range of fibres which can be used in their original form, or can be blended with all natural and synthetic fibres for enhanced comfort and feel.Starting production in 1954 at Grasim’s Nagda facility, the business has grown steadily over seven decades. The Pulp &amp; Fibre Business of Grasim derives its competitive edge from its integrated business model, with captive raw materials - dissolving grade wood pulp, caustic soda, carbon-disulphide, power generation and steam.Birla Cellulose’s product portfolio includes Livaeco™ by Birla Cellulose, Birla Modal™, Birla Excel™, Birla Viscose™ and Birla Spunshades™. Birla Cellulose fibres are of natural origin, moisture absorbent, have soft feel, and are completely biodegradable.&nbsp;Viscose Filament YarnGrasim Industries Limited is the largest viscose filament yarn (VFY) manufacturer in India and the 3rd largest globally. The company is also the largest VFY exporter in India with exports to 45 countries.VFY business became a part of Grasim Industries Limited on 1st July 2017, following the merger of Aditya Birla Nuvo Limited. Subsequently, Grasim acquired the rights to operate and manage the Century Rayon division of Century Textiles and Industries Limited (CTIL) from 1st February 2018. Since then, Grasim’s VFY production capacity has increased to 48 KTPA.Represented as the brand Raysil® (formerly known as RayOne), VFY is of 100% natural origin and its product portfolio includes 20 deniers to 1200 deniers of both bright and dope dyed viscose filament yarns. Its versatility, superior drape, fluidity and lustre make it a popular choice for manufacturing fabrics such as georgettes, crepes, chiffons, and many more.Grasim’s VFY is manufactured at its twin locations in Shahad, Maharashtra and Veraval, Gujarat.&nbsp;ChemicalsIn 1972, Grasim’s chemicals business was set up to manufacture caustic soda for the company’s VSF unit. Today, it is one of India’s largest caustic soda producers and is a market leader in the chlor-alkali segment. &nbsp;Over the years, Grasim’s chemicals business has created a strong foothold in the industry and offers a wide range of products from chlorine derivatives to epoxy.Chlor-alkali: In 2016, Grasim’s merger with Aditya Birla Chemicals India Ltd. (ABCIL) helped catapult the company’s caustic soda capacity from 452 KTPA to 884 KTPA making it the largest producer of caustic soda in India. Today, Grasim’s total caustic soda capacity is 1,290 KTPA. The Chlor-alkli existing capacity is 1,505 KTPA.The business uses cost-effective membrane cell technology and is largely self-sufficient in power. For gainful utilisation of chlorine, the business has portfolio of chlorine derivatives like Stable Bleaching Powder (SBP), Polyaluminium Chloride (PAC), Chlorosulphonic Acid (CSA), Chlorinated Paraffin Wax (CPW), Calcium Chloride (CaCl), Aluminium Chloride (AlCl) and Chloromethane (CMS).Epoxy: The business’ epoxy products range from basic products like liquid epoxy resins to value added products like formulated resins, reactive diluents and hardeners. The manufacturing complex at Vilayat houses a 123 KTPA capacity epoxy plant. Through expansion, Grasim doubled the epoxy capacity to 246 KTPA by FY2024.&nbsp;TextilesGrasim ventured into the textiles industry in 1949 by setting up Jaya Shree Textiles at Rishra, West Bengal. Today, Jaya Shree Textiles is one of India’s leading linen and wool manufacturers. It has four strategic business units (SBUs) i.e., linen spinning, linen fabric, wool combing and worsted spinning. Today, Jaya Shree Textiles sells its products in over 50 countries, spanning across six continents.Jaya Shree Textiles has provided the evolving Indian fashion industry with an international edge. Finest flax is sourced from France, Belgium and other parts of Europe to make 100% pure linen. Cutting edge European technology is used to spin the fibres, weave and dye them which makes it unique and difficult to replicate. This superior technology also enables Jaya Shree Textiles to manufacture over 3000 different types of weaves, textures and blends. The company has significantly revolutionised the Indian textile market by popularising linen in India across a wide customer base with its brand ‘Linen Club’.Linen Club is the largest linen fabric brand in India with expertise in linen manufacturing and design, for more than 70 years. Linen Club is the pioneer of linen in India and is now retailed through both exclusive retail outlets and multi-brand outlets. It is the largest linen retail chain in the world.&nbsp;Know more about <a href="/businesses/brands/linen-club/">Linen Club</a>&nbsp;InsulatorsAditya Birla Insulators is India’s largest manufacturer of electrical insulators and is amongst the top four insulator manufacturers globally. It produces the widest range of insulators in India including insulators for transmission lines &amp; substations up to 1200 kV voltage level, as well as equipment &amp; railways. Its total installed manufacturing capacity is 56,400 TPA with specialisation in both ceramic and composite insulators. The company commissioned Composite Hallow Core Insulators (CHCI) plant at Halol which is a joint venture between Aditya Birla Power Composites Limited (ABPCL) with Maschinenfabrik Reinhausen GmbH of Germany in 2019.Know more about <a href="/businesses/companies/aditya-birla-insulators/">Aditya Birla Insulators</a> and <a href="/businesses/companies/aditya-birla-power-composites-limited-abpcl/">Aditya Birla Power Composites Limited</a>&nbsp;PaintsThrough Birla Opus, Grasim is the 2nd largest player (by installed capacity) in Indian decorative paints industry. With a consolidated installed capacity of 1,332 MLPA, 24% of the industry capacity, Birla Opus remains focused to drive its revenue market share in line with capacity share. The brand has a comprehensive product portfolio spanning across 218 products and 1,850+ SKUs, serving a wide spectrum of customer preferences and market segments.Birla Opus has strong network of branded franchise retail outlets covering 1,200+ stores across the country. Birla Opus also offers branded painting services under the name, PaintCraft, which is now available in 400+ towns across 6,000+ pin codes. &nbsp; &nbsp;B2B E-CommerceBirla Pivot, the B2B e-Commerce platform for building solutions, is a business unit of Grasim Industries Ltd. Birla Pivot will primarily focus on MSMEs in the Building Materials segment with the potential to further extend to other relevant categories. It’s key value proposition is an integrated procurement solution including on-time delivery and a superior product range at competitive pricing.&nbsp;Birla Pivot is the fastest growing B2B e-commerce platform offering over 50,000 SKUs from over 1000+ national and regional brands. Covering a spectrum of building materials, Birla Pivot aims to become a one-stop destination for all procurement needs.&nbsp;

<ul><li>Post expansion, Total Cellulosic Staple Fibre (CSF) capacity would Surpass 1 million Tonnes Annually by 2030 &nbsp;</li></ul><a href="/businesses/companies/grasim-industries-limited/">Grasim Industries Limited</a>, the flagship company of Aditya Birla Group and a global leader in cellulosic fibres, has announced an investment of ₹3,094 crore, for Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. The first line is expected to be commissioned by 2028, and the second line is expected to be commissioned by 2030.This additional capacity will complement the Phase I Lyocell plant of 55K TPA currently under construction at Harihar, which is expected to be commissioned by mid-2027. Upon completion, Grasim’s total Lyocell capacity, will reach nearly 210K TPA, making it one of the largest Lyocell producers globally.Mr. <a href="/our-story/leadership/mr-kumar-mangalam-birla/">Kumar Mangalam Birla</a>, Chairman, Aditya Birla Group, said, “The Aditya Birla Group has always demonstrated the willingness to invest ahead of the curve in sectors that will define India’s future competitiveness and economic resilience. This investment carries forward that legacy. It is a vote of confidence in the scale and promise of the Indian market, aligns closely with the aspirations of Make in India, and will help position India as a more competitive and resilient force in the global textile industry.” He added, “This investment also marks another significant step in Grasim’s strategic expansion of advanced fibre capabilities, catering to the growing global demand for sustainable and high-performance textile materials. This fresh expansion will catapult Grasim’s overall Cellulosic Fibres capacity beyond 1 million tonnes per annum, reinforcing its position as a global leader in sustainable Man-Made Cellulosic Fibres (MMCF).”Mr Vadiraj Kulkarni, Business Head, Grasim Pulp &amp; Fibre added, “This expansion strengthens our position in the evolving MMCF landscape by scaling a high-value, future-ready fibre segment. By expanding Lyocell capacity, we are accelerating the shift towards high performance fibres with a lower environmental impact. Lyocell enhances our product mix, supports premium applications, and aligns with our focus on delivering differentiated, sustainable solutions to global markets.”Lyocell is a versatile, next-generation fibre widely used across apparel, home textiles, and technical textile applications. Manufactured through a highly efficient closed-loop process, Lyocell offers a compelling combination of durability, breathability, comfort, and lower environmental impact. The expansion would strengthen the Company’s Specialty product portfolio and solidify its position as a key player in the global sustainable fibre industry. Grasim’s Specialty portfolio share (including Lyocell, Modal, Dope-dyed and Recycled fibres) would increase to 35% by 2030.

Grasim Industries announces fresh investment of ₹3094 Crore to expand Lyocell Capacity

Aditya Birla Lifestyle Brands Limited (ABFRL) emerged after the consolidation of the apparel businesses of Aditya Birla Group, comprising ABNL's Madura Fashion division and ABNL's subsidiary Madura Lifestyle into Pantaloons Fashion and Retail (PFRL) in 2015.Post-consolidation, PFRL was renamed to Aditya Birla Fashion and Retail Ltd (ABFRL). In 2025, ABFRL underwent a vertical demerger of western wear brands within the Madura Fashion and Lifestyle’s business into a newly incorporated entity named <a href="/businesses/companies/aditya-birla-lifestyle-brands-limited/">Aditya Birla Lifestyle Brands Limited (ABLBL)</a>.ABFRL now includes constituents that operate in several high-growth segments. These are<ol><li>Masstige and value retail chains: Pantaloons and Style Up</li><li>Ethnic wear portfolio: Designer-led brands of Sabyasachi, Shantnu &amp; Nikhil, Tarun Tahiliani, and House of Masaba; and premium wear ethnic brands of TASVA, Jaypore and the recently amalgamated TCNS brands such as W, Aurelia, Wishful, Elleven, and Folksong</li><li>Luxury retail business: The Collective, select mono brands and Galeries Lafayette</li><li>Digital-first portfolio: Technology-led ‘House of D2C Brands’ under its venture, TMRW &nbsp;</li></ol>As of 31 December 2025, ABFRL boasts a vast retail footprint, covering over 7.7 million sq. ft. across India, with a robust network of 1,188 brand stores.

<h3>Financial Performance</h3>The Board of Directors of the Company, at its meeting today, approved the results for the quarter ended 31st March 2026. These financials are post factoring in necessary adjustments under Ind AS. Please note these results should be read in conjunction with the <a target="_blank" rel="noopener noreferrer" href="https://www.cms.adityabirla.com/uploads/ABFRL_Q4_Fy26_Investor_Presentation_compressed_141392bcf7.pdf">investor presentation</a>.&nbsp;&nbsp;&nbsp; &nbsp;<h3>Financials ABFRL – Q4</h3><figure class="table" style="float:left;"><table><tbody><tr><td style="text-align:center;">In Rs. Cr.</td><td style="text-align:center;">Q4 FY25&nbsp; Comparable*</td><td style="text-align:center;">Q4 FY26&nbsp; Reported</td><td style="text-align:center;">Growth %&nbsp; (vs. LY)</td></tr><tr><td style="text-align:center;">Revenue</td><td style="text-align:center;">1719</td><td style="text-align:center;">1990</td><td style="text-align:center;">16%</td></tr><tr><td style="text-align:center;">EBITDA</td><td style="text-align:center;">199</td><td style="text-align:center;">311</td><td style="text-align:center;">57%</td></tr><tr><td style="text-align:center;">EBIT</td><td style="text-align:center;">-116</td><td style="text-align:center;">-38</td><td style="text-align:center;">&nbsp;</td></tr><tr><td style="text-align:center;">PBT#</td><td style="text-align:center;">-259</td><td style="text-align:center;">-195</td><td style="text-align:center;">&nbsp;</td></tr><tr><td style="text-align:center;">PAT</td><td style="text-align:center;">-267</td><td style="text-align:center;">-164</td><td style="text-align:center;">&nbsp;</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div>&nbsp;*Q4 FY25 comparable numbers excludes gain of ~Rs. 97 Cr on account of discontinuation of inter-division elimination post de-merger for fair representation&nbsp;&nbsp; # After wage code impact&nbsp;&nbsp; &nbsp;<h3>Financials ABFRL – FY</h3><figure class="table" style="float:left;"><table><tbody><tr><td style="text-align:center;">In Rs. Cr.</td><td style="text-align:center;">FY25&nbsp; Comparable*</td><td style="text-align:center;">FY26&nbsp; Reported</td><td style="text-align:center;">Growth %&nbsp; (vs. LY)</td></tr><tr><td style="text-align:center;">Revenue</td><td style="text-align:center;">7355</td><td style="text-align:center;">8177</td><td style="text-align:center;">11%</td></tr><tr><td style="text-align:center;">EBITDA</td><td style="text-align:center;">758</td><td style="text-align:center;">967</td><td style="text-align:center;">28%</td></tr><tr><td style="text-align:center;">EBIT</td><td style="text-align:center;">-409</td><td style="text-align:center;">-373</td><td style="text-align:center;">&nbsp;</td></tr><tr><td style="text-align:center;">PBT#</td><td style="text-align:center;">-976</td><td style="text-align:center;">-928</td><td style="text-align:center;">&nbsp;</td></tr><tr><td style="text-align:center;">PAT</td><td style="text-align:center;">-882</td><td style="text-align:center;">-830</td><td style="text-align:center;">&nbsp;</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div>*FY25 comparable numbers excludes gain of ~Rs. 97 Cr on account of discontinuation of inter-division elimination post de-merger for fair representation&nbsp; * PAT and PBT of FY25 also excludes gain of Rs. ~161 Cr on account of re-valuation of stake held in GFPL&nbsp; # After wage code impact&nbsp; &nbsp;<h3>Performance Highlights for the Quarter &amp; Full Year</h3><ol><li>ABFRL posted 16% growth YoY in Q4, with revenue at Rs. 1990 Cr</li><li>Strong organic performance across segments with positive LTL growth&nbsp;<ol><li>Pantaloons segment up 19% with Pantaloons format growing 17% YoY<ol><li>Pantaloons format LTL at 14% for the quarter</li></ol></li><li>TMRW’s revenue was up 45% YoY&nbsp;</li><li>Luxury recorded 13% growth vs LY, supported by strong early traction in recently opened Galeries Lafayette store</li></ol></li><li>E-com channel grew &gt;30% YoY driven by enhanced omni-channel and faster fulfilment capabilities</li><li>ABFRL EBITDA for the quarter stood at Rs. 311 Cr., up 57% from FY25 EBITDA*<ol><li>EBITDA margin was up ~410 bps vs FY25 EBITDA*, at 15.7%&nbsp;<ol><li>Ethnic portfolio margin expanded by 390 bps</li></ol></li></ol></li><li>ABFRL expanded its retail footprint with 180+ gross store additions in FY26 with ~120 added in H2 itself<ol><li>Total area now spanning over 7.9 Mn sq.ft.&nbsp;<ol><li>~0.6 Mn sq.ft. net addition YoY in FY26</li></ol></li></ol></li><li>ABFRL closed its books in Q4 FY26 with gross cash of Rs. 1545 Cr.&nbsp;<ol><li>At standalone level, cash stood at Rs. 1144 Cr.</li></ol></li><li>Revenue for the year was up 11% vs LY to reach Rs. 8177 Cr. with EBITDA at Rs. 967 Cr; 28% growth YoY over FY25 EBITDA*&nbsp;&nbsp;&nbsp; &nbsp;</li></ol><h3>Business performance</h3>ABFRL’s portfolio comprises the following:<ul><li>Masstige &amp; Value Retail play under Pantaloons &amp; OWND</li><li>Ethnic Brands One of India’s most comprehensive ethnic wear portfolios comprising of –&nbsp;<ul><li>Designer led brands of Sabyasachi, Shantnu &amp; Nikhil, House of Masaba and Tarun Tahiliani</li><li>Premium ethnic wear brands of Jaypore, Tasva &amp; TCNS portfolio&nbsp;</li></ul></li><li>Luxury Retail – The Collective &amp; Mono brands portfolio, Galeries Lafayette</li><li>TMRW – Leading portfolio of digital first fashion brands</li></ul>*FY25 EBITDA is Excluding one-off gain related to de-merger (~97 Cr)&nbsp; &nbsp;<h3>Masstige &amp; Value Retail</h3>Segment recorded one of the highest YoY growth quarters with revenues of Rs. 1048 Cr. growing 19% YoY. EBITDA Margin for the segment stood at 15.5%, up 40bps vs LY, demonstrating underlying operating strength despite continued investment in OWND's growth and scale-up journey. Our refreshed strategy, built around the growing theme of premiumization and anchored in elevated merchandising, enhanced store experiences and a stronger self-expression-led consumer proposition, has strengthened brand perception and accelerated business momentum over the course of the year. Pantaloons opened 4 new stores and closed 11 stores during the quarter, taking the overall store count to 399.OWND continued to expand its footprint with the addition of 12 new stores this quarter, taking the total store count to 79.&nbsp;&nbsp;&nbsp; &nbsp;<h3>Ethnic Brands</h3>Our ethnic portfolio has now reached an annual revenue scale of over Rs. 2200 Cr. During FY26, the portfolio further strengthened its footprint with the addition of 80+ new stores.<ul><li>Designer led brands – The designer-led ethnic portfolio continued to deliver strong double-digit profitability and robust growth. Revenue momentum was supported by focused category extensions, craft-led and contemporary product launches and stronger collaborations.</li><li>Premium ethnic wear brands – Portfolio profitability improved further, driven by strong performance across brands.&nbsp;&nbsp;&nbsp; &nbsp;</li></ul>The <a href="/businesses/companies/tcns/">TCNS</a> portfolio continued to deliver strong retail performance, with ~7% LTL growth in Q4. Full year cash losses halved vs previous year, on the back of improved store throughput and focused actions across operating costs that drove improvement in profitability. The business also added 11 stores during the quarter, re-starting its expansion journey. The first W flagship store showcasing all its brands was launched in Mumbai, comprehensively featuring the brand’s key categories and latest offerings.TASVA, the men’s premium ethnic wear brand, reported 33% YoY sales growth during the quarter, driven by strong double digit LTL growth and network expansion. TASVA continues to make inroads into the wedding market through a better product proposition, an aspirational brand imagery and elevated retail experience.Jaypore grew double digit with 26% growth during the quarter, led by continued network expansion. The brand’s retail network now stands at 44 stores.&nbsp;&nbsp;&nbsp; &nbsp;<h3>Luxury Retail</h3>The Collective &amp; Mono Brands (TCMB) business continued to grow profitably, with its total network, including mono-brand stores, at 49 stores.Galeries Lafayette, India’s first flagship luxury department store, commenced operations in November 2025 and has seen strong early traction. The platform continues to drive consumer engagement through curated luxury experiences and stronger collaborations, setting new benchmarks in luxury retail in India.<a href="/businesses/companies/tmrw/">TMRW</a> portfolio delivered 45% YoY growth in Q4, underpinned by category extensions and high-impact marketing campaigns. Q4 cash losses narrowed YoY, led by better scale efficiencies and operating leverage. The portfolio also continued to build its omni-channel presence, closing the quarter with ~120 stores (including WROGN) across key markets nationwide.&nbsp;&nbsp;&nbsp; &nbsp;<h3>Way forward</h3>The company delivered a strong performance during the quarter and the year, with margin improvement supported by scale-led operating leverage and sharper execution. Investments across distribution expansion, brand building and operating capabilities are now translating into visible performance gains, reinforcing the strength of the portfolio and its growth potential.The broader consumption environment gained momentum during the later part of the year. While near-term uncertainties may create intermittent impact, the long-term opportunity in organized retail remains compelling. Against this backdrop, as the portfolio scales, the company will continue to pursue disciplined growth, strengthen execution, and drive sustained profitability improvement across segments.

ABFRL posts 16% revenue growth in Q4FY26, led by strong double-digit growth in Pantaloons & TMRW

Consolidated Q4FY26 and full year Revenue and EBITDA at all-time high record India Aluminum upstream, downstream and copper EBITDA&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Q4 FY26 – Key Highlights</h3><ul><li>Record quarterly consolidated Revenue at ₹78,133 crore, up 20%</li><li>All-time high quarterly consolidated EBITDA at ₹11,197 crore, up 9%</li><li>Consolidated PAT before exceptional items at ₹5,796 crore, up 10%</li><li>Consolidated PAT at ₹2,597 crore, impacted by Oswego disruption due to fires</li><li>Record Aluminium Upstream quarterly EBITDA at ₹5,448 crore, up 13%&nbsp;</li><li>Record Copper quarterly EBITDA at ₹907 crore, up 48%</li><li><a href="/businesses/companies/novelis-inc/">Novelis</a> Adjusted EBITDA per tonne at $544, up 10%</li><li>Oswego plant expected to restart in the next few weeks&nbsp;</li><li>Bay Minette cold mill began commissioning in March; on track to complete commissioning in the second half of 2026&nbsp;</li></ul><h3> FY26 – Key Highlights</h3><ul><li>Revenue at a record ₹2,74,944 crore, up 15%</li><li>All-time high consolidated EBITDA of ₹38,097 crore</li><li>Consolidated PAT before exceptional items at ₹18,733 crore up 10%</li><li>Consolidated PAT at ₹13,391 crore, impacted by Oswego disruption due to fires</li><li>Record Aluminium Upstream EBITDA at ₹18,884 crore, up 16%&nbsp;</li><li>Record Aluminium Downstream EBITDA at ₹978 crore, up 55%&nbsp;</li><li>Novelis Adjusted EBITDA per tonne at $500 up 4%, excluding exceptional items</li><li>Consolidated Net Debt to EBITDA at 1.83x as of March 31, 2026 vs 1.06x a year ago</li><li>Board recommends dividend @500%(₹5/share) for FY26</li></ul> <a href="/businesses/companies/hindalco-industries-limited/">Hindalco Industries Limited</a>, Aditya Birla Group’s metals flagship, today reported results for the quarter and year ended March 31, 2026. The company posted its highest-ever consolidated Revenue and EBITDA for both the quarter and the full year, driven by a record India business performance and a steady recovery at Novelis.Consolidated EBITDA for the fourth quarter stood at ₹11,197 crore, up 9% from the same quarter last year. PAT before exceptional items rose to a record ₹5,796 crore in the fourth quarter, up 10% over the prior year period. Reported quarterly Net Profit was ₹2,597 crore compared to ₹5,284 crore in the same quarter last year impacted by the Oswego disruption, partly offset by cost efficiency benefits at Novelis and record quarterly profits by the India business.India business maintained its outperformance, delivering its highest-ever quarter and full-year revenue, EBITDA and PAT. This performance was driven by favourable macro tailwinds and our strategic focus on resource security, premium product innovation and relentless operational excellence. Novelis recorded a 10% improvement in EBITDA per tonne despite lower volumes amid the Oswego disruption, reflecting disciplined cost optimisation and the benefit of softer scrap prices.&nbsp;&nbsp;&nbsp; &nbsp;<h3>Summary of Consolidated Financial Highlights for the Quarter and Full Year ended March 31, 2026 (₹ Crore)</h3><figure class="table" style="float:left;"><table><tbody><tr><td>Particulars</td><td>Q4 FY25</td><td>Q3 FY26</td><td>Q4 FY26</td><td>FY25</td><td>FY26</td></tr><tr><td>Revenue from Operations</td><td>64,890</td><td>66,521</td><td>78,133</td><td>238,496</td><td>274,944</td></tr><tr><td>Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA)</td><td>10,296</td><td>8,543</td><td>11,197</td><td>35,496</td><td>38,097</td></tr><tr><td>Profit before Depreciation and Tax (PBDT)</td><td>9,422</td><td>7,662</td><td>10,155</td><td>32,077</td><td>34,617</td></tr><tr><td>Profit Before Tax (After Exceptional Item)</td><td>6,550</td><td>2,829</td><td>3,451</td><td>22,337</td><td>18,496</td></tr><tr><td>Profit/ (Loss) After Tax (PAT)</td><td>5,284</td><td>2,049</td><td>2,597</td><td>16,002</td><td>13,391</td></tr><tr><td>EPS (₹/Share) – Basic</td><td>23.8</td><td>9.23</td><td>11.69</td><td>72.05</td><td>60.31</td></tr></tbody></table></figure> &nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div>Commenting on the results, Mr. Satish Pai, Managing Director, Hindalco Industries, said, &nbsp;“Hindalco delivered strong results, led by an outstanding performance by its India business while Novelis remains on track to restart the Oswego plant and commission Bay Minette. Consolidated revenue, EBITDA and PAT before one-time exceptional items reached all-time highs in both Q4 and the full year. Our India business delivered record performance across the Aluminium Upstream, Aluminium Downstream and Copper businesses, with EBITDA at a historic high of ₹22,671 crore for the full year.Over the last five years, Hindalco India has achieved an EBITDA CAGR of over 32% giving us the confidence to accelerate our expansion projects including doubling capacities in our Copper business, and at Aditya Aluminium.Our Downstream portfolio continues to scale up the new 170-KTPA flat rolled products facility at Aditya and the Chakan battery enclosure plant, while the battery foil plant at Aditya is commencing supplies to global cell manufacturers. Our copper recycling project is nearing commissioning, and the Inner Grooved Tube (IGT) Plant is progressing well. Novelis demonstrated strong underlying business momentum with adjusted EBITDA at $544 per tonne despite lower volumes.Our sustainability journey gained global recognition with Hindalco ranking in the top 1% of the S&amp;P Global Sustainability Yearbook 2026 backed by a100 percentile score across all ESG parameters.”&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Advancing Sustainably</h3>Hindalco has been included in the S&amp;P Global Sustainability Yearbook 2026, a leading global benchmark covering over 9,000 companies. Inclusion is limited to top performers within each industry and reflects sustained ESG leadership. Hindalco ranked in the top 1% of the global Aluminium industry for the sixth consecutive year and is one of only 11 Indian companies across sectors to feature in the Yearbook.This performance is driven by 100th percentile scores across environmental criteria including Waste and Pollutants, Water and Biodiversity; social criteria including Human Rights and Human Capital Management; and governance criteria spanning Transparency and Reporting, Business Ethics, and Supply Chain Management.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;<h3>Segment-wise Performance for Q4 FY26</h3><h4>Novelis*</h4><figure class="table" style="float:left;"><table><tbody><tr><td>Particulars</td><td>UOM</td><td>Q4 FY25</td><td>Q4 FY26</td><td>FY25</td><td>FY26</td></tr><tr><td>Shipments</td><td>KT</td><td>957</td><td>844</td><td>3,757</td><td>3,557</td></tr><tr><td>Revenue</td><td>$ Mn</td><td>4,587</td><td>4,787</td><td>17,149</td><td>18,434</td></tr><tr><td>Adjusted EBITDA</td><td>$ Mn</td><td>473</td><td>459</td><td>1,802</td><td>1,645</td></tr><tr><td>EBITDA/tonne</td><td>$/tonne</td><td>494</td><td>544</td><td>480</td><td>462</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Revenue at $4.8 billion, up 4%, driven by higher metal prices</li><li>Adjusted EBITDA at $459 million, down 3%, due to lower volumes, and impact of tariffs and Oswego disruptions</li><li>Exited FY26 with cost take-out savings of more than $125 million</li><li>Oswego hot mill to begin commissioning ahead of schedule</li><li>U.S. greenfield plant in Bay Minette began commissioning the cold mill in March 2026 and hot mill is expected to commission in the second half of 2026&nbsp;&nbsp;&nbsp;&nbsp; *As per US GAAP</li></ul><h3> Aluminium (India)</h3><h4>Aluminium Upstream:</h4><figure class="table" style="float:left;"><table><tbody><tr><td>Particulars (Aluminium Upstream)</td><td>UOM</td><td>Q4 FY25</td><td>Q4 FY26</td><td>FY25</td><td>FY26</td></tr><tr><td>Shipments</td><td>KT</td><td>332</td><td>339</td><td>1,327</td><td>1,350</td></tr><tr><td>Revenue</td><td>₹ Cr</td><td>10,311</td><td>11,418</td><td>38,268</td><td>41,447</td></tr><tr><td>Segment EBITDA</td><td>₹ Cr</td><td>4,838</td><td>5,448</td><td>16,262</td><td>18,884</td></tr><tr><td>EBITDA/tonne</td><td>$/tonne</td><td>1,684</td><td>1,756</td><td>1,449</td><td>1,583</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Quarterly Upstream revenue at ₹11,418 crore, up 11%</li><li>Record Aluminium quarterly Upstream EBITDA at ₹5,448 crore, up 13%, driven by favourable macros and stronger operational performance</li><li>All time high quarterly Aluminium Upstream EBITDA per tonne at $1,756, up 4%</li><li>Aluminium Upstream continues to deliver robust EBITDA margins, at 48%</li><li>All Upstream expansion projects progressing well</li><li>Chakla coal mines received Forest Clerance-1 approval while the Bandha coal mine completed its first box cut in Q4</li></ul><h4> Aluminium Downstream:</h4><ul><li>Sales of Aluminium Downstream stood at 124 KT, up 18%</li><li>Downstream revenue was ₹4,867 crore, up 35%&nbsp;</li><li>All-time high quarterly Aluminium Downstream EBITDA at ₹255 crore, up 16% supported by favourable product mix and higher shipments</li><li>Downstream EBITDA per tonne at $226, down 6% as Aditya FRP plant is ramping up to its optimal levels</li><li>Aditya Battery foil is now commissioned, Coated AC Fins facility has begun commissioning, while Aditya FRP is scaling up production to optimal levels</li></ul>&nbsp;<h4>Copper (India)</h4><figure class="table" style="float:left;"><table><tbody><tr><td>Particulars</td><td>UOM</td><td>Q4 FY25</td><td>Q4 FY26</td><td>FY25</td><td>FY26</td></tr><tr><td>Metal Sales^</td><td>KT</td><td>135</td><td>128</td><td>491</td><td>487</td></tr><tr><td>^Of which CCR Sales</td><td>KT</td><td>82</td><td>91</td><td>394</td><td>373</td></tr><tr><td>Revenue</td><td>₹ Cr</td><td>14,565</td><td>22,156</td><td>54,703</td><td>69,838</td></tr><tr><td>Segment EBITDA</td><td>₹ Cr</td><td>614</td><td>907</td><td>3,025</td><td>2,809</td></tr></tbody></table></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><ul><li>Copper metal sales at 128 KT, down 5%&nbsp;</li><li>Record Copper Continuous Cast Rod (CCR) sales at 91 KT, up 11%&nbsp;</li><li>Revenue at ₹22,156 crore, up 52%&nbsp;</li><li>Record quarterly EBITDA at ₹907 crore, despite declining TC/RCs offset by strong operational performance and higher realisation in by-products like sulphuric acid&nbsp;</li><li>Copper Tubes and Inner Grooved Tubes plant is ramping up to full capacity &nbsp;&nbsp;</li><li>Copper recycling project to be commissioned in H1 FY27</li></ul><h3> Awards and Recognition</h3><ul><li>Hindalco recognised among India’s Top 10 Best Workplaces in Health and Wellness by Great Place to Work</li><li>Hindalco wins AmbitionBox Employee Choice Awards (Large Companies) for the fourth time</li><li>Hindalco Copper, Dahej wins the IMC RBNQ Performance Excellence Award&nbsp;</li><li>Aditya Aluminium wins the ‘Energy Efficient Unit Award’ at the CII National Awards</li><li>Gare Palma mines and Baphlimali mines rated ‘5-star’ by the Government of India, for mines safety, environmental management, and operational excellence</li><li>Utkal Alumina received the CII National Award for Excellence in Water Management ‘Beyond the Fence’&nbsp;</li></ul>

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