Hindalco ends USD 125 million deal: what it means for Hindalco stock

Published on 10/12/2026 at 10:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 revenue reached INR 848.25 billion, up 32.00 percent year over year. For Hindalco stock, profit reached INR 70.13 billion.

Key points in brief

Hindalco terminated its proposed USD 125.00 million AluChem acquisition after extended closing delays on October 1, 2026.
June-quarter revenue reached INR 848.25 billion, up 32.00 percent year over year, while net income reached INR 70.13 billion.
The next quarterly results are scheduled for November 6, 2026, and Hindalco stock was quoted at INR 890.00 on the NSE on October 12, 2026.

Hindalco, INE038A01020, Illustration mit AI erstellt.

Hindalco (INE038A01020) terminated its proposed USD 125.00 million acquisition of AluChem after extended closing delays, with the decision dated October 1, 2026. ETManufacturing reported on October 2, 2026 that the agreement ended because closing delays were beyond either party's control.

What the termination means for growth

The transaction would have given Hindalco full ownership of the US specialty alumina producer through Aditya Holdings LLC. The company said its broader strategy of expanding high-value, technology-led specialty alumina products remains unchanged, according to ETManufacturing on October 2, 2026.

The capacity plan remains material. AL Circle reported on October 4, 2026 that Hindalco operated 500,000 tonnes of specialty alumina capacity and targeted 1 million tonnes by fiscal year 2030.

Results show a sharper earnings base

The latest reported quarter delivered the strongest numerical counterweight to the cancelled deal. According to The Economic Times on August 7, 2026, consolidated revenue in the first quarter of fiscal 2027 reached INR 848.25 billion, up 32.00 percent year over year, while net income rose 75.10 percent to INR 70.13 billion.

The chronology shows a company balancing returns with expansion. PocketX lists a INR 5.00 per-share dividend dated July 10, 2026, followed by the August quarterly results and the October 1 deal termination.

Three dated Hindalco milestones

On July 10, 2026, Hindalco recorded a INR 5.00 per-share dividend. On August 7, 2026, first-quarter revenue reached INR 848.25 billion and net income reached INR 70.13 billion. On October 1, 2026, the company terminated the USD 125.00 million AluChem agreement.

Next reporting date

ScanX lists November 6, 2026 as the next quarterly result announcement date. That date gives the market a defined checkpoint for the September quarter and for management's capital-allocation message after the AluChem termination.

Stock context in India

Hindalco was last quoted at INR 890.00 on the NSE on October 12, 2026 at 2:12 p.m. IST, while its market capitalization stood at INR 2.0 trillion. The stock's reported 52-week range was INR 754.45 to INR 1,176.00, placing the latest quote between the yearly low and high.

Market context: Market report BSE Sensex.