NALCO posted a net profit at Rs 2,060 crore in FY 2023-24, registering a robust increase of 33% year-on-year(YoY).
Panchpatmali Mines of NALCO achieved highest ever annual Bauxite excavation & Bauxite transportation since inception in FY 2023-24.
Smelter Plant of the Company achieved highest ever cast metal production in FY 2023-24.
NALCO launched a new product AL-59 in Mar’2024. This will cater primarily for producing Alloy conductors for electrical transmission and distribution.
The total procurement from MSE’s during FY 2023-24 is Rs. 1,060 Cr i.e. 30.64 % of total procurement against Rs.960 Cr i.e. 29.88 % of total procurement achieved in FY 2022-23.
GeM Procurement: GeM procurement of Rs.3,459 Cr. achieved in FY 2023-24 against a target of Rs.3,382 Cr.
Utkal-D Coal Mine: Coal dispatch to CPP started in Apr’2023 and Utkal-D coal mine achieved full capacity of coal production of 20 Lakh Tonnes in FY 2023-24.
960 pots operating first time in history of last 41 years of the Company was achieved in FY 2021-22. The Smelter plant operated at full capacity in FY 2021-22 producing 4.6 Lakh MT Aluminium Metal. The Smelter performance continued in FY 2022-23 producing 4.6 Lakh MT Aluminium Metal, with all 960 pots in operation.
FY 2021-22: Record performance breaking previous records with 100% capacity utilisation in Aluminium Smelter and Alumina Refinery.
FY 2021-22: The Company achieved highest ever Bauxite production of 75.11 lakh tonne in FY 2021-22.
FY 2021-22: Capitalising the market opportunity the Company could achieve high sales realisation, positively impacting the top line and bottom line. Revenue achieved Rs. 14,181 crore and Highest ever PAT of Rs. 2,952 crore achieved.
FY 2022-23: The Company continued with same operational performance in the year FY 2022-23. The Company continued with full capacity utilisation by operating 960 pots for the 2nd consecutive year.
FY 2022-23: The Company achieved highest ever production & Sales performance as follows: (1) Highest ever Bauxite excavation of 75.51 lakh tonne. (2) Highest Aluminium Metal production of 4.6 Lakh MT for the 2nd consecutive year. (3) Highest ever cumulative metal sale of 4.64 lakh tonne, highest ever domestic metal sale of 4.39 lakh tonne achieved by NALCO.
FY 2022-23: Even with subdued pricing situation, with focus on domestic market the Company achieved highest ever revenue from operation of Rs.14,255 Crore. However, with increase in input cost the PAT achieved was Rs. 1,544 crore.
Production started from GNAL JV Project in May’2022 and Despatch of caustic soda to NALCO started in Aug’2022.
Mining Operation commenced at Utkal-D Coal Mine w.e.f Nov’2022.
Lean Slurry ash disposal system of CPP was commissioned on 31st July’21. This facilitates pumping of ash slurry from CPP to mine void of Talcher coal fields.
GeM procurement of Rs. 4,211.97 Cr achieved in FY 2022-23 as against Rs. 3,121.47 Cr in FY 2021-22 i.e an increase of 35% over last FY 2021-22.
The Company continues to retain its position of lowest cost producer in Bauxite and Alumina production in the World in 2022.
NALCO’s Panchpatmali Bauxite Mines awarded 5 Star Rating by Ministry of Mines for sustainable Mining for FY 2015-16, 2016-17, 2017-18 , 2019-20 , 2020-21 & 2021-22.
National CSR award 2018 by Ministry of Corporate Affairs: Recognized with ‘Honourable Mention’ for Excellence in the field of Corporate Social Responsibility (CSR) at New Delhi.