Updates
Visit: Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI 06/09/2021     | Geological Survey of India (GSI), under the aegis of Ministry of Mines is organizing a national event to mark the Handing over of 100 G4 Mineral Blocks by GSI to the State Governments on September 8th, 2021, at 3 PM at New Delhi with FICCI. Click here to register. 06/09/2021     | NOTICE Regarding Employment Fraud 02/09/2021     | KIND ATTENTION: SHAREHOLDERS (Updation of E-mail Ids & Mobile Numbers) 13/08/2021     | Global Tender Enquiry (GTE) for Engagement of EPCM Consultant for Establishing Facility for Aluminium Alloy Melting, Slab Casting and Flat Rolled Products Production Facility at Nellore, Andhra Pradesh, India. 10/08/2021     | Request for Expression of Interest for Lithium Ore Offtake from reputed Indian Firm(s) / Lithium Processing Technologist / Consortium from prospective mining facilities of KABIL and its international partners for import of ore/product to India 03/08/2021     | Contribute your rendering of the National Anthem of India at: https://rashtragaan.in/ 02/08/2021     | Result of Graduate Engineers Through GATE-2020 29/06/2021     | List of Shortlisted Candidates for Group Discussion / Personal Interview for Selection of Assistant Manager (Finance) – E02 Against Advertisement No 10200101. 10/05/2021     | List of Short-listed Candidates for GET-2020 Interview. 11/01/2021     | Recruitment of Doctors-2020 12/10/2020     | NIT for Engagement of Consultant for preparation of EIA and EMP study to obtain EC to set up High End Aluminium Alloy project by “Utkarsha Aluminium Dhatu Nigam Ltd.” 16/07/2020     | Deposit of one time Registration fees for PRMBS 26/06/2020     | Covid Mailer from Ministry 06/05/2020     | Integrated Govt. Online Training ( iGOT) courses on DIKSHA platform on Covid 19 pandemic 22/04/2020     | Circular: Integrated Govt. Online Training (iGOT) courses on DIKSHA platform on COVID-19 pandemic 22/04/2020     | EOI – for SUPPLY, INSTALLATION, OPERATION AND MAINTENANCE OF GPS & GPRS BASED INTEGRATED RAKE TRACKING SYSTEM IN CAPTIVE POWER PLANT, ANGUL, ODISHA 11/04/2020     | Advertisement of PESB for the post of Director(Commercial) 18/03/2020     | The corrigendum against the Advt. no 10200101 13/03/2020     | Joint Venture agreement for Khanij Bidesh India Ltd. (KABIL) signed in presence of Hon’ble Minister of Mines Shri Pralhad Joshi by NALCO, HCL and MECL under Ministry of Mines, GoI. 01/08/2019     |
press clipping banner

36 TH ANNUAL GENERAL MEETING

calender23/09/2017

  • NALCO announces 56% dividend amounting to Rs. 651 crore for 2016-17
  • Shareholders cheer success of NALCO share in Stock Exchange

Bhubaneswar, 23/09/2017: In the 36 th Annual General Meeting held here on 23rd September 2017, the shareholders of National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, have approved a total dividend payout of 56%, which works out to Rs.2.80 per equity share of Rs.5 each. The total payout, including Dividend Distribution Tax, works out to Rs.651.40 crore, as against Rs.562.22 crore paid in the last fiscal. For the year, dividend payment, including dividend distribution tax works out to 97.44% of net profit. Since inception, NALCO has paid a total of Rs.6687 crore as dividend, including Rs.5632 crore as share of Govt. of India.

Speaking on the occasion, Dr. Tapan Kumar Chand, CMD, NALCO congratulated all the stakeholders for NALCO’s success in sustaining production performance, along with productivity and profitability despite the downturn in the international metal market. “The year was also a testimony of NALCO being a partner in progress and an industry leader in promoting inclusive growth, sustainable development and nurturing happiness among people,” said Dr. Chand.

“Our action plan includes, increasing the volume of production, expansion and modernization of our plants, import substitution and diversification of products. Further, the company targets to strengthen its presence in the domestic as well as in the international market. A New Business Model has been envisaged, which takes into account the market uncertainties of future,” Dr. Chand said.

PERFORMANCE HIGHLIGHTS : 2016-17

  • Net Profit of Rs. 669 crore
  • Gross turnover of Rs. 7933 crore
  • Highest-ever production with Bauxite Transportation of 68.25 lakh MT (achieving 100% capacity utilization)
  • Highest-ever Alumina Hydrate production of 21.00 lakh MT (100% of normative capacity)
  • NALCO’s Alumina Refinery is the lowest-cost producer of Alumina in the World
  • Cast metal production of 3.87 lakh MT, registering a growth of 4.03 % over previous year
  • Net Power Generation’ of 6,066 MU, registering a growth of 3.85% over previous year
  • Generation of 206 MU of wind energy
  • Total Metal Sales up by 2.52% in domestic market
  • Share price of NALCO has more than doubled in last two years from Rs.36.45 in 2015 to Rs.85.40 as on 13 th September 2017.