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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
49 announcements match the current filters (relevance ≥ 5).
Hindalco Q4 FY26: 9% Aluminum Demand Growth and Record Low GHG Footprint of 19.2 Tons
Hindalco reported strong domestic performance for Q4 FY26, with Indian aluminum demand growing 9% YoY to 1.6 million tons and copper demand rising 10% to 402 KT. The company achieved a record low aluminum GHG footprint of 19.2 tons of CO2 per ton, reinforcing its ESG leadership. Despite global geopolitical uncertainties, Hindalco expects a global aluminum deficit of 1.5 million tons in CY26 to support prices. Renewable energy capacity reached 470 MW, with a target of 523 MW by Q1 FY27.
Key Highlights
Aluminum specific GHG footprint reached a record low of 19.2 tons of CO2 per ton in FY26.
Indian aluminum demand grew 9% YoY to 1.6 million tons in Q4 FY26.
Domestic copper demand increased by 10% YoY to 402 KT, driven by infrastructure and white goods.
Renewable energy capacity reached 470 MW, with 53 MW additional capacity expected in Q1 FY27.
Global aluminum market projected to face a 1.5 million ton deficit in CY26 due to supply disruptions.
👀 What to Watch
Investors should maintain a positive outlook given strong domestic demand and ESG leadership, while monitoring copper margins due to record low TCRCs. The projected global aluminum deficit could provide a tailwind for realizations in the coming quarters.
Hindalco Approves FY26 Audited Results, Recommends ₹5 Final Dividend
Hindalco Industries has approved its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The Board recommended a final dividend of ₹5 per equity share (500% of face value), with the record date set for July 10, 2026. While the statutory auditors issued an unmodified opinion, they highlighted an ongoing CBI chargesheet as an 'Emphasis of Matter' with an undeterminable financial impact. The company's 67th Annual General Meeting is scheduled for July 23, 2026.
Key Highlights
Recommended a final dividend of ₹5 per equity share for the financial year ended March 31, 2026
Set Friday, July 10, 2026, as the record date for dividend eligibility
Statutory auditors issued a clean, unmodified opinion on both standalone and consolidated results
The 67th Annual General Meeting (AGM) is scheduled for July 23, 2026, via video conferencing
Audit report includes an 'Emphasis of Matter' regarding a CBI chargesheet and court summons pending conclusion
👀 What to Watch
Investors should ensure they hold shares before the July 10 record date to qualify for the ₹5 dividend. While the results are clean, monitor the AGM for updates regarding the CBI legal proceedings mentioned in the audit report.
Hindalco Recommends ₹5 Final Dividend, Sets July 10 as Record Date
Hindalco Industries has recommended a final dividend of ₹5 per equity share for the financial year ended March 31, 2026. The company has fixed July 10, 2026, as the record date to determine shareholder eligibility for this payout. The dividend is subject to approval at the 67th Annual General Meeting scheduled for July 23, 2026. Additionally, the company's auditors have issued a clean, unmodified opinion on the full-year financial results.
Key Highlights
Recommended a final dividend of ₹5 per equity share with a face value of ₹1.
Fixed July 10, 2026, as the record date for the purpose of dividend payment.
The 67th Annual General Meeting (AGM) is scheduled for July 23, 2026.
Statutory auditors issued an unmodified opinion on the FY26 financial results.
Auditors highlighted a pending CBI legal matter, though the financial impact is currently undeterminable.
👀 What to Watch
Investors interested in the dividend should ensure they hold the stock prior to the record date of July 10, 2026. The clean audit report is a positive sign, though the legal emphasis of matter regarding the CBI chargesheet should be monitored for long-term developments.
Hindalco Q4 FY26 Revenue Up 20% to ₹78,133 Cr; Copper Segment EBITDA Surges 48%
Hindalco reported a strong 20% YoY growth in consolidated revenue for Q4 FY26, reaching ₹78,133 crore, driven by robust performance in its Indian operations. While consolidated PAT fell 51% to ₹2,597 crore due to exceptional items including the Oswego fire impact, PAT before exceptional items grew 20%. The Copper segment was a standout performer with a 48% EBITDA growth, while Aluminium Upstream EBITDA rose 13%. However, Net Debt/EBITDA increased to 1.83x following a significant 47% jump in annual Capex to ₹31,619 crore to drive strategic growth.
Key Highlights
Consolidated Q4 FY26 revenue grew 20% YoY to ₹78,133 crore, while full-year FY26 revenue rose 15% to ₹2,74,944 crore.
Copper segment EBITDA surged 48% YoY in Q4 FY26 to ₹907 crore, supported by higher shipments and favorable macro conditions.
Annual Capex increased significantly by 47% to ₹31,619 crore, leading to a Net Debt/EBITDA ratio of 1.83x compared to 1.06x in the previous year.
Novelis Q4 EBITDA declined 11% YoY to ₹4,103 crore, primarily impacted by the Oswego fire incident costs and operational downtime.
Aluminium Upstream EBITDA/ton improved 4% YoY to $1,756/ton in Q4 FY26, reflecting operational efficiency.
👀 What to Watch
Investors should monitor the recovery of Novelis margins post-fire and the impact of the high capex cycle on the company's leverage. The strong domestic performance in Copper and Aluminium provides a solid operational base despite global volatility.
Hindalco Reports Record FY26 Revenue of ₹2.75 Lakh Cr; Recommends ₹5 Dividend
Hindalco achieved record consolidated revenue and EBITDA for FY26, driven by strong performance in its Indian Aluminium and Copper businesses. While reported PAT was impacted by one-time disruptions at the Oswego plant, the underlying business remained robust with PAT before exceptional items rising 10% to ₹18,733 crore. The Copper segment saw a significant 48% jump in quarterly EBITDA, and the company maintained a healthy dividend payout of 500%. Net debt to EBITDA increased to 1.83x due to ongoing expansion projects like Bay Minette.
Key Highlights
Record consolidated FY26 revenue of ₹2,74,944 crore and all-time high EBITDA of ₹38,097 crore.
India Copper business EBITDA surged 48% YoY in Q4 FY26 to ₹907 crore despite lower TC/RCs.
Novelis reported a strong recovery with Adjusted EBITDA per tonne reaching $544 in Q4.
Board recommended a dividend of ₹5 per share (500%) for the financial year.
Consolidated Net Debt to EBITDA stood at 1.83x as of March 31, 2026, vs 1.06x a year ago.
👀 What to Watch
Investors should focus on the strong recovery in Novelis margins and the record performance of the India business. The temporary disruption at Oswego is a one-off, and the commissioning of the Bay Minette plant remains a key catalyst for future growth.
Hindalco Recommends ₹5 Final Dividend for FY26; Sets July 10 as Record Date
Hindalco Industries has recommended a final dividend of ₹5 per equity share for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the 67th Annual General Meeting scheduled for July 23, 2026. The company has fixed July 10, 2026, as the record date for determining dividend eligibility. While the financial results received a clean audit opinion, the auditors highlighted an ongoing CBI legal matter in an Emphasis of Matter paragraph.
Key Highlights
Recommended a final dividend of ₹5 per equity share of face value ₹1 each.
Fixed July 10, 2026, as the record date for the final dividend payment.
The 67th Annual General Meeting (AGM) is scheduled for July 23, 2026.
Statutory auditors issued an unmodified opinion on the FY26 financial results.
Auditors noted a pending CBI chargesheet and court summons with undeterminable financial impact.
👀 What to Watch
Investors should hold the stock until the July 10 record date to qualify for the ₹5 dividend. Additionally, monitor future disclosures regarding the CBI legal proceedings mentioned in the auditor's report.
Hindalco Approves FY26 Results, Recommends ₹5 Dividend per Share
Hindalco Industries has approved its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The Board has recommended a final dividend of ₹5 per equity share (500% of face value), with the record date set for July 10, 2026. While the auditors provided an unmodified opinion, they highlighted an ongoing legal matter involving a CBI chargesheet where the financial impact remains indeterminable. The company's 67th Annual General Meeting is scheduled for July 23, 2026.
Key Highlights
Recommended a final dividend of ₹5 per equity share of ₹1 face value for FY26.
Record date for the dividend payment is fixed as Friday, July 10, 2026.
Statutory auditors issued an unmodified opinion on both standalone and consolidated results.
Auditors highlighted an 'Emphasis of Matter' regarding a CBI chargesheet and court summons with no currently determinable financial impact.
The 67th Annual General Meeting (AGM) is proposed for July 23, 2026, via video conferencing.
👀 What to Watch
Investors should note the dividend yield and the upcoming record date of July 10 for eligibility. While the results are clean, keep a watch on the legal proceedings mentioned in the auditor's emphasis of matter for any future liabilities.
Hindalco's AluChem Acquisition Delayed; CFIUS Review Timeline Extended to July 2, 2026
Hindalco Industries has announced a further delay in the acquisition of AluChem Companies, Inc. by its subsidiary, Aditya Holdings LLC. The delay is attributed to a partial U.S. federal government shutdown, which tolled the statutory timelines for the Committee on Foreign Investment in the United States (CFIUS) review process. Consequently, the review completion deadline has been extended to July 2, 2026. This is the fourth update regarding this acquisition, which has been in progress since June 2025.
Key Highlights
CFIUS review timeline for the AluChem acquisition has been extended to July 2, 2026.
The delay is due to a partial U.S. federal government shutdown impacting statutory review periods.
Acquisition is being conducted through Aditya Holdings LLC, a step-down wholly owned subsidiary of Hindalco.
This is the fourth update on the deal following previous disclosures in June 2025 and early 2026.
👀 What to Watch
Investors should maintain a watch on the new July 2, 2026 deadline for regulatory clearance, as the acquisition is a strategic move for Hindalco's U.S. operations.
Novelis Q4 Net Loss of $84M due to Oswego Fires; FY26 Adjusted EBITDA at $1.6B
Novelis, Hindalco's wholly-owned subsidiary, reported a net loss of $84 million in Q4 FY26, primarily driven by $630 million in pre-tax losses from fires at its Oswego plant. Despite a 12% drop in shipments to 844 kilotonnes, the company achieved a 10% increase in Adjusted EBITDA per tonne to $544, reflecting strong underlying operational efficiency. For the full year 2025-26, net income plummeted 98% to $15 million, while capital expenditure rose 39% to $2.3 billion to fund the Bay Minette greenfield project. Management expects the Oswego hot mill to restart ahead of schedule and targets positive free cash flow by the end of FY27.
Key Highlights
Q4 Net loss of $84 million compared to $294 million profit YoY, impacted by $630 million in fire-related losses.
Full-year Adjusted EBITDA reached $1.6 billion, down 9% YoY due to fire impacts ($104M) and tariffs ($143M).
Adjusted EBITDA per tonne rose 10% YoY to $544 in Q4, showcasing strong pricing power despite volume drops.
Net leverage ratio increased to 4.1x as total capital expenditure reached $2.3 billion for the fiscal year.
Oswego hot mill recovery is ahead of schedule with a restart expected within weeks rather than the end of June.
👀 What to Watch
Investors should focus on the recovery timeline of the Oswego plant and the commissioning of the Bay Minette project as primary growth drivers. While the fire-related losses are significant one-time hits, the improvement in EBITDA per tonne suggests strong core business health.
Novelis Q4 Net Loss of $84M Due to Oswego Fires; EBITDA/Tonne Up 10% to $544
Novelis, Hindalco's wholly-owned subsidiary, reported a Q4 FY26 net loss of $84 million, primarily driven by $630 million in pre-tax losses related to fires at its Oswego plant. Despite a 12% drop in shipments to 844 kilotonnes, Adjusted EBITDA per tonne rose 10% YoY to $544, reflecting strong underlying margins. For the full year FY26, net income fell 98% to $15 million, while capital expenditure surged 39% to $2.3 billion for the Bay Minette project. Management expects the Oswego plant to restart ahead of schedule and aims for positive free cash flow by FY2027.
Key Highlights
Q4 Adjusted EBITDA per tonne increased 10% YoY to $544 despite a 12% decline in shipment volumes.
Oswego plant fires caused an estimated $925 million in pre-tax losses and a $104 million EBITDA impact for FY26.
Full-year capital expenditure rose 39% to $2.3 billion, primarily for the Bay Minette greenfield project.
Net leverage ratio increased to 4.1x, with management targeting positive free cash flow by the end of FY27.
Total liquidity remains robust at $2.8 billion, including $1.3 billion in cash and cash equivalents.
👀 What to Watch
Investors should focus on the successful restart of the Oswego plant and the commissioning of the Bay Minette facility in H2 CY26. While fire-related losses and high leverage are near-term headwinds, the improvement in EBITDA per tonne suggests strong pricing power and operational resilience.
Hindalco Refutes Misleading News; Impact on Operations Limited to Less Than 0.1%
Hindalco has officially clarified that media reports claiming a halt in aluminium product sales due to geopolitical tensions are factually incorrect and misleading. The company stated that a routine communication was sent to customers of its Extrusions business following a Force Majeure declaration by gas suppliers. The potential impact of this disruption is extremely limited, affecting less than 0.1% of the company's overall operations. All other major segments, including Primary Aluminium, continue to operate normally using captive power and alternate energy sources.
Key Highlights
Refuted media reports of halting aluminium sales, calling them factually incorrect and misleading.
Potential disruption is limited to the Aluminium Extrusions segment, affecting less than 0.1% of total operations.
Communication to customers was triggered by a Force Majeure declaration from certain gas suppliers.
Primary Aluminium and other downstream/upstream operations remain unaffected and are running normally.
Operations are supported by captive power and alternate energy arrangements to mitigate supply risks.
👀 What to Watch
Investors should disregard the misleading headlines as the actual operational impact is negligible at less than 0.1%. No change in investment thesis is required based on this clarification.
Hindalco Subsidiary Novelis Announces $225 Million Municipal Bond Offering
Hindalco's wholly-owned subsidiary, Novelis Inc., has entered into a material definitive agreement for a $225 million municipal bond offering. The company disclosed this transaction through a Form 8-K filing, marking a significant debt-related activity for the subsidiary. This move is part of Novelis's ongoing capital management strategy to secure funding, likely for specific infrastructure or environmental projects. Investors should monitor how this issuance affects the consolidated debt profile of Hindalco Industries.
Key Highlights
Novelis Inc. enters into a Material Definitive Agreement for a $225 million municipal bond offering
The disclosure was made via a Form 8-K filing as per regulatory requirements
Novelis is a 100% wholly-owned subsidiary of Hindalco Industries Limited
The bond offering represents a strategic move in the subsidiary's financial and capital structure management
👀 What to Watch
Investors should track the utilization of these funds and the resulting impact on the company's debt-to-equity ratio. No immediate portfolio changes are recommended as this is a routine financial management activity for a large-scale subsidiary.
Hindalco's AluChem Acquisition Halted Due to US Government Shutdown
Hindalco Industries has reported a temporary halt in the acquisition of AluChem Companies, Inc. by its step-down subsidiary, Aditya Holdings LLC. The delay is attributed to a partial shutdown of the U.S. federal government, which has suspended the statutory timelines for the Committee on Foreign Investment in the United States (CFIUS) review. As of February 26, 2026, there is no definitive timeline for the resumption of the review process. The company will provide further updates as material developments occur regarding the transaction first announced in June 2025.
Key Highlights
Acquisition of AluChem Companies, Inc. by Aditya Holdings LLC is temporarily paused.
CFIUS review framework timelines have been tolled due to a U.S. federal government shutdown.
The transaction was previously detailed in an initial intimation dated June 24, 2025.
No definitive timeline is currently available for the conclusion of the government shutdown.
All other terms and conditions of the acquisition remain unchanged as per previous filings.
👀 What to Watch
Investors should maintain a watch on the U.S. political situation as the deal's completion is contingent on CFIUS clearance. While this is a procedural delay rather than a deal failure, it may postpone the expected integration and revenue contributions from AluChem.
Hindalco Subsidiary Novelis to Raise $200 Million via Share Subscription from AV Minerals
Hindalco's wholly owned subsidiary, Novelis Inc., has entered into a subscription agreement with its immediate parent, AV Minerals (Netherlands) N.V. Under this agreement, AV Minerals will purchase 1,333,333 common shares of Novelis at a price of $150 per share. The total transaction is valued at approximately $199.99 million. As both entities are part of the Hindalco group, this represents an internal capital infusion and restructuring within the subsidiary level.
Key Highlights
Novelis Inc. to issue 1,333,333 common shares to AV Minerals (Netherlands) N.V.
The shares are priced at $150 per share, totaling approximately $199,999,950.
AV Minerals is the sole shareholder of Novelis and a wholly owned subsidiary of Hindalco.
The transaction is a follow-up to an earlier intimation made on December 29, 2025.
👀 What to Watch
This is an internal group transaction and does not impact the consolidated ownership of Hindalco. Investors should monitor if this capital is being used for specific expansion projects or debt management at the Novelis level.
Hindalco Q3FY26 Adjusted PAT Up 8% to ₹4,051 Cr; Aluminum EBITDA Margins Hit 45%
Hindalco reported a resilient Q3FY26 with consolidated EBITDA growing 6% YoY to ₹8,762 crores. While reported PAT fell 45% to ₹2,049 crores due to exceptional items related to the Novelis Oswego plant fire, the adjusted PAT rose 8% to ₹4,051 crores. The India Upstream Aluminum segment was a standout performer, achieving an EBITDA of $1,572 per ton and industry-leading margins of 45%. The company also maintained its ESG leadership with a record S&P Global CSA score of 89.
Key Highlights
Adjusted consolidated PAT grew 8% YoY to ₹4,051 crores, excluding one-time fire-related impacts at Novelis.
India Upstream Aluminum EBITDA increased 14% YoY to ₹4,832 crores with a 45% margin.
Copper segment saw strong domestic demand growth of 10% YoY, reaching 402,000 tons.
Renewable energy capacity reached 418 MW, on track to hit 522 MW by the end of the fiscal year.
Q4FY26 aluminum hedging is secured for 64% of volume at $2,807 per ton and 26% of currency at ₹88.18/$.
👀 What to Watch
Investors should look past the one-time exceptional loss from the Novelis fire and focus on the robust 45% margins in the domestic aluminum business. The stock remains a strong play on industrial recovery and ESG-led structural growth in the metals sector.
Hindalco Q3 FY26: Record India PAT of ₹3,581 Cr; Adjusted Cons. PAT up 8% YoY
Hindalco reported a resilient Q3 FY26 performance with consolidated EBITDA rising 6% YoY to ₹8,762 crores. While reported PAT fell 45% to ₹2,049 crores due to exceptional items related to the Novelis Oswego plant fire, adjusted PAT grew 8% to ₹4,051 crores. The India business achieved a record PAT of ₹3,581 crores, driven by strong upstream aluminum margins of $1,572 per ton. Domestic demand remains robust, with aluminum and copper consumption growing 9% and 10% YoY, respectively.
Key Highlights
Consolidated EBITDA grew 6% YoY to ₹8,762 crores; Adjusted PAT rose 8% to ₹4,051 crores.
India Upstream Aluminum EBITDA margins stood at 45% with an EBITDA of $1,572 per ton.
India business reported a record quarterly PAT of ₹3,581 crores, up 24% YoY.
Domestic aluminum demand grew 9% YoY to 1.5 million tons, while copper demand rose 10% to 402 Kt.
Renewable energy capacity reached 418 MW, with a target of 522 MW by the end of FY26.
👀 What to Watch
Investors should focus on the strong operational margins in the India business and the recovery in adjusted profits. The Oswego fire is a one-time event, making the underlying growth in aluminum and copper segments the primary driver for long-term value.
Hindalco Q3 FY26: Consolidated Revenue Up 14% to ₹66,521 Cr; Upstream EBITDA Grows 14%
Hindalco reported a robust 14% YoY growth in consolidated revenue to ₹66,521 crore for Q3 FY26, driven by favorable macros and strong domestic demand. While reported PAT fell to ₹2,049 crore due to one-off impacts from the Oswego plant fire and tariffs, the adjusted PAT (excluding these items) stood significantly higher at ₹4,051 crore. The Aluminium Upstream segment was a standout performer with a 14% EBITDA growth, while the Copper segment saw a 33% revenue jump despite a 23% dip in EBITDA. The company maintains a healthy leverage position with a Net Debt/EBITDA ratio of 1.73x.
Key Highlights
Consolidated Revenue grew 14% YoY to ₹66,521 crore, while Consolidated EBITDA rose 6% to ₹8,762 crore.
Aluminium Upstream EBITDA increased 14% YoY to ₹4,832 crore, with EBITDA per ton rising 6% to $1,572.
Copper segment revenue surged 33% YoY to ₹18,233 crore, though EBITDA declined 23% to ₹595 crore due to lower TC/RC.
Novelis adjusted EBITDA per ton stood at $436 (excluding fire impacts), reflecting resilient operational performance despite global headwinds.
Net Debt to EBITDA ratio stood at 1.73x as of December 2025, up from 1.23x in the previous quarter due to higher gross debt.
👀 What to Watch
Investors should look past the headline PAT dip caused by one-off fire incidents and focus on the strong operational margins in the Aluminium business. The stock remains a preferred pick for exposure to global metal recovery and India's infrastructure-led demand.
Hindalco Q3 FY26: Revenue Up 14% to ₹66,521 Cr; PAT Hit by Oswego Disruption
Hindalco reported a 14% YoY growth in consolidated revenue to ₹66,521 crore for Q3 FY26, driven by record performance in its India business. However, reported PAT fell 45% to ₹2,049 crore due to a significant exceptional loss of ₹2,610 crore following fire disruptions at the Oswego plant. Excluding exceptional items, PAT grew 8% to ₹4,051 crore, reflecting strong operational resilience in the Aluminium Upstream and Downstream segments. The company is maintaining its growth trajectory with major capacity expansions in copper and aluminium on track.
Key Highlights
Consolidated Revenue grew 14% YoY to ₹66,521 crore, while Consolidated EBITDA rose 5% to ₹8,543 crore.
India business achieved an all-time high PAT of ₹3,581 crore, marking a 24% YoY increase.
Reported PAT dropped 45% YoY to ₹2,049 crore, primarily due to a ₹2,610 crore exceptional charge from Oswego plant disruptions.
Aluminium Downstream EBITDA surged 55% YoY to ₹233 crore, supported by a 9% growth in sales volume.
Consolidated Net Debt to EBITDA increased to 1.73x from 1.33x a year ago, reflecting ongoing capital expenditure.
👀 What to Watch
Investors should monitor the recovery timeline for the Oswego plant and the commissioning of the Bay Minette project in H2 FY27. While the India business is performing at record levels, the temporary increase in leverage and the impact of one-off disruptions require a watchful approach.
Hindalco Q3 FY26 Standalone Net Profit Jumps 106% YoY to ₹3,017 Crore
Hindalco Industries reported a robust 106% YoY increase in standalone net profit to ₹3,017 crore for the quarter ended December 31, 2025. Revenue from operations grew by 23% YoY to ₹29,264 crore, driven by strong operational performance. The bottom line was further boosted by a ₹314 crore tax provision write-back and a ₹212 crore deferred tax write-back as the company transitions to a new tax regime. Despite higher raw material costs, lower power and fuel expenses supported margins during the period.
Key Highlights
Standalone Revenue from operations increased to ₹29,264 crore from ₹23,776 crore YoY.
Net Profit surged to ₹3,017 crore, more than doubling from ₹1,463 crore in Q3 FY25.
Basic Earnings Per Share (EPS) rose to ₹13.59 from ₹6.59 in the corresponding previous quarter.
Power and fuel costs declined by 17% YoY to ₹2,033 crore, providing margin support.
Recognized a ₹55 crore provision related to the implementation of new Labour Codes.
👀 What to Watch
The results show strong operational resilience and significant tax-led gains; investors should maintain a positive outlook while monitoring global aluminum price trends. The transition to the new tax regime will likely optimize long-term tax outflows.
Hindalco Q3 Standalone PAT Surges 106% YoY to ₹3,017 Cr; Revenue up 23%
Hindalco reported a strong performance for Q3 FY26, with standalone revenue growing 23% YoY to ₹29,264 crore. Net profit more than doubled to ₹3,017 crore, significantly aided by a ₹314 crore tax write-back and deferred tax remeasurements as the company transitions to a new tax regime. While operational expenses rose due to higher material costs, power and fuel costs saw a decline compared to the previous year. The company also noted an ongoing CBI investigation regarding coal mines, though no immediate financial impact is quantified.
Key Highlights
Standalone Revenue from operations increased 23% YoY to ₹29,264 crore in Q3 FY26.
Net Profit (PAT) jumped 106% YoY to ₹3,017 crore, supported by tax credits and operational efficiency.
Power and fuel expenses decreased to ₹2,033 crore from ₹2,451 crore in the year-ago quarter.
The company wrote back ₹314 crore in current tax provisions and ₹212 crore in deferred tax liabilities.
Basic EPS improved significantly to ₹13.59 compared to ₹6.59 in Q3 FY25.
👀 What to Watch
Investors should view the strong earnings growth positively, though a portion of the profit is driven by one-time tax adjustments. Monitor the progress of the CBI coal mine investigation for any potential long-term liabilities.