Hindalco Industries Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Hindalco's board approved Q1FY26 consolidated financial results. Revenue surged to ₹ 64,232 crore, with profit at ₹ 4,004 crore and EPS at ₹ 18.03.

Key strategic moves include acquiring US-based AluChem for $125 million, expanding its specialty alumina business. Novelis secured ₹ 3,428 crore ($400 million) via bonds for its Bay Minette plant and plans a $750 million notes offering for debt refinancing.

The board also greenlit the EMIL Mines acquisition, pending regulatory approvals. Director changes saw Mr. Yazdi Dandiwala complete his term and Mr. Praveen Maheshwari resign as Whole-time Director.