The state enterprise Navoiyuran demonstrated significant growth, earning nearly 4.3 trillion sums in net profit for the first half of 2026. This figure represents an increase of 136.1% compared to the same period last year, according to company data.
For the period from January to June 2025, the enterprise registered a net profit of 1.8 trillion sums. Furthermore, the company's revenue for the reporting period increased by 101.8% year-on-year, reaching 9.7 trillion sums. Gross profit grew by 109.1%, exceeding the 7 trillion sum mark.
By the end of the first half of the year, Navoiyuran's assets reached 19.8 trillion sums, which is 70.5% more than the previous year. The enterprise's capital increased by 60.1% to 15 trillion sums, while retained earnings reached 13.3 trillion sums, showing a growth of 73.3%.
The enterprise's profit over the last 12 months amounted to 7.9 trillion sums, which is 56.6% higher than a year ago. Concurrently, the volume of Navoiyuran's long-term bank loans increased to 3.6 trillion sums by the end of the reporting period, up from 1.6 trillion sums the previous year.
According to Bloomberg, Navoiyuran is expected to conduct an Initial Public Offering (IPO) in the second half of 2026, offering between 10 and 15 percent of its shares. However, at the time of publication, the enterprise had not yet been converted from a state company to a joint-stock company.
Hindalco Industries reported on Friday that its consolidated net profit for the June quarter increased by more than 75 percent compared to the same period last year, reaching 7,013 crore rupees. The growth was driven by increased revenues from the aluminum and copper segments.
The company, which is part of the Aditya Birla Group, stated in its stock exchange report that the net profit in the first quarter of the previous fiscal year (2025-26) was 4,004 crore rupees.
From April to June, the company's total revenue also rose to 85,882 crore rupees compared to 64,834 crore rupees the previous year, representing an increase of about 32 percent.
Revenue from the aluminum raw material segment amounted to 13,403 crore rupees, while the contribution from copper reached 17,232 crore rupees. Revenues from Novelis, an American aluminum producer and subsidiary of Hindalco Industries, totaled 54,763 crore rupees.
Hindalco Industries Limited is the flagship metals enterprise of the Aditya Birla Group. This $31 billion metallurgical company is the world's largest aluminum revenue company and a major global player in copper and specialty alumina. The company operates in 10 countries and 48 manufacturing sites, functioning as a fully integrated player—from mining to finished products. Furthermore, through its subsidiary Novelis, Hindalco is a global leader in the production of aluminum sheet and the largest copper producer in India.
