The Economic Times

Hindalco Q3 results: Strong aluminium EBITDA offsets Novelis hit; margin dip linked to Oswego fire

Hindalco Industries Ltd's shares are in focus after a strong quarterly performance. The company's upstream aluminium business showed robust earnings, offsetting challenges at its subsidiary Novelis Inc. While margins saw a dip due to operational issues at Novelis, the medium-term outlook remains positive. Expansion projects and strong aluminium prices are expected to drive future growth.