Nalco Q2 Profit Jumps Seven-fold to Rs 748 Cr


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

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