Hindalco Reports 59% Surge in Q2 Net Profit to ₹7,533 Crore

Hindalco Industries reported a 58.8% year-on-year jump in consolidated net profit to ₹7,533 crore for the September quarter of FY27.

Consolidated income for the quarter rose to ₹92,651 crore from ₹66,771 crore in the corresponding period of the previous year.

Nuvama Institutional Equities upgraded the stock to 'BUY' and raised its target price to ₹1,184, citing hedged aluminium volumes.