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Hindalco Industries Limited — Updates, 22-05-2026: General Updates
22-05-2026 · 06:03 pm
Hindalco reported higher FY26 consolidated revenue, but profit declined, notably due to ₹7,357 Cr exceptional fire expenses at Novelis. The Board proposed a ₹5/share dividend. EMIL Mines acquisition completed, and a ₹1,044 Cr AluChem acquisition is proposed. Tax write-backs of ₹505 Cr occurred.
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