Aluminium and Aluminium Products company Hindalco Industries announced Q3FY25 results Financial Highlights: Record Aluminium Upstream EBITDA at Rs 4,222 crore, up 73%; EBITDA margin at 42% Quarterly Copper EBITDA at Rs 777 crore, up 18% Consolidated EBITDA at Rs 8,108 crore, up 28% Consolidated Net Debt to EBITDA at 1.33x as of December 31, 2024 Business Highlights: Hindalco secures Meenakshi Coal Mines boosting resource security Hindalco becomes the first Indian company to be awarded the Copper Mark - JDDS Accreditation for its sustainable sourcing and production practices Hindalco achieves ‘Top 1%’ ranking in the S&P; Global Sustainability Yearbook 2025 with the highest ESG score in the aluminium sector globally Novelis Shipments at 904 KT, down 1% Novelis Revenue at USD 4.1 billion, up 4%, driven by higher average aluminium prices Adjusted EBITDA at USD 367 million, down 19% due to higher aluminum scrap prices and unfavourable product mix Net Income at USD 110 million, down 9% Aluminium (India) Quarterly Upstream revenue at Rs 9,993 crore, up 25% Record Aluminium Upstream EBITDA at Rs 4,222 crore, up 73% Aluminium Upstream EBITDA per tonne was at USD 1,480, up 68%, with industry-best margins of 42% Copper (India) Revenue at Rs 13,732 crore, up 15% EBITDA at Rs 777 crore, up 18% Copper metal sales at 120 KT, up 1% Copper Continuous Cast Rod (CCR) sales at 95 KT, up 1% Satish Pai, Managing Director, Hindalco Industries, said, "Hindalco delivered robust consolidated results in the third quarter despite global uncertainties, driven by an excellent performance of its India business. The Aluminium India Upstream business achieved record quarterly EBITDA, with industry-leading margins of 42%. The downstream segment experienced consistent growth posting a 36% increase in EBITDA. The Copper business delivered a robust 18% growth in EBITDA. The business marked a significant milestone by achieving the ‘Copper Mark- JDDS’ for its responsible and sustainable production practices. Novelis continues to focus on operational and cost efficiency initiatives in the face of current pressures on scrap pricing During the quarter we secured critical resources for our India upstream business, enhancing our global cost leadership. Key growth initiatives, such as the alumina refinery, aluminium smelter expansion, copper smelter expansion and the FRP project, remain on track. Our strong balance sheet positions us well for the next phase of transformative growth. Our holistic ESG approach continues to gain global recognition. Hindalco is the only company to achieve a Top 1% ranking in the S&P; Global Sustainability Yearbook 2025 with the highest ESG score in the aluminium sector.” Result PDF