Hindalco chairman Kumar Mangalam Birla dismissed competitive threats from Adani Group’s new $11.5 billion aluminium venture, citing the company’s low-cost production edge. The AGM comments came even as Hindalco reported a 15% revenue rise but a 16% profit drop in FY26 due to Novelis fires.
Hindalco chairman Kumar Mangalam Birla dismissed competitive threats from Adani Group’s new $11.5 billion aluminium venture, citing the company’s low-cost production edge. The AGM comments came even as Hindalco reported a 15% revenue rise but a 16% profit drop in FY26 due to Novelis fires. by Soban News (international And National News)