Hindalco Industries Limited — Updates, 12-05-2025: Press Release

Novelis has announced a board meeting on the financial results for the quarter and half-year. Q4 net income jumped 77% YoY to $294 million, aided by metal price lag and derivative gains, despite an 8% drop in adjusted EBITDA to $473 million due to higher aluminum scrap costs. Full-year net income rose 14% to $683 million, with shipments up 2% to 3,757 kt, driven by beverage packaging and aerospace. Adjusted EBITDA declined 4% to $1.8 billion. Net leverage is 2.9x with $2.8 billion liquidity. Strategic capex rose to $1.7 billion for capacity and sustainability.