Nalco Q2 Profit Jumps Seven-fold to Rs 748 Cr

5
(1)

National Aluminium Co Ltd (Nalco) on November 12 reported the almost seven-fold rise in consolidated profit at Rs 747.80 crore for the quarter ended September 30.

According to the official reports, the company had posted a consolidated profit of Rs 107.27 crore in the year-ago period, Nalco said in a BSE filing. The consolidated income of the company during the July-September quarter increased to Rs 3,634.59 crore, over Rs 2,399.05 crore in the year-ago period, the filing said.

Nalco is a navratna CPSE under Ministry of Mines.The company has integrated and diversified operations in mining, metal, and power.

“It is absolutely a rigorous process of teamwork that yielded results on a quarterly basis,” says Sridhar Patra, NALCO CMD.

Pic Courtesy – Google

Do you find this post useful?

Click on a star to rate it!

Average rating 5 / 5. Vote count: 1

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Subscribe to our Newsletter

Leave a Comment