Hindalco at the consolidated level continues to maintain a strong balance sheet with net debt-to-EBITDA well below 2x at 1.02x at the end of June 2025.
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In quarter 1 FY '26, we delivered a global industry-leading aluminum upstream EBITDA per ton, reaffirming our position in the first quartile of the global cost curve.
NEGATIVES
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During the quarter, we unfortunately recorded one fatality across our Indian operations.
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Novelis EBITDA declined due to elevated scrap prices and net negative tariff impact.
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