Mumbai, May 20 -- Elevated aluminium and copper prices drove Hindalco Industries Ltd's FY25 revenue and profit to a record high, more than offsetting the tepid performance of its US-based subsidiary Novelis, which battled high input costs. The record performance has also set the performance bar too high for the company to repeat in FY26.

A moderation in metal prices could temper the company's performance in the new fiscal. But this will likely be offset by an improvement in Novelis' performance, said Satish Pai, the managing director of Hindalco.

"Between aluminium and copper, I see FY26 to be a reasonably good year. Whether it is as good as FY25, of course, depends on how the macros play out," Pai said in an interview on Tuesday.

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