Updates
  • Kind Attention Shareholders: Download your TDS Certificate 17/09/2025     |     
  • Notice of 44th Annual General Meeting 03/09/2025     |     
  • 44th Annual Report 2024-25 03/09/2025     |     
  • EOI for Aluminium Smelting Technology Licensors for NALCO’s Brownfield Aluminium Smelter Expansion 28/08/2025     |     
  • 100 days Campaign “Saksham Niveshak-21.08.2025″ 21/08/2025     |     
  • KIND ATTENTION SHAREHOLDERS: Request to register your email id against your demat account/Folio number 18/08/2025     |     
  • 100 days Campaign “Saksham Niveshak” 14/08/2025     |     
  • Special Window for Re-lodgement of Transfer Requests of Physical Shares 07/07/2025     |     
  • MOU Scheme Documents for Domestic Sale of Aluminium Metal for the F.Y 2025-26 19/03/2025     |     
  • MOU Scheme Documents for Domestic Sale of Rolled Products for the F.Y 2025-26 19/03/2025     |     
  • MOU Scheme Documents for Domestic Sale of Chemical for the F.Y 2025-26 19/03/2025     |     
  • MoU 2024-25 04/01/2025     |     
  • Notice Inviting Expression Of Interest (EOI) – Slitting & Rewinding of Aluminium Coils with Installing of Slitting Line Machine on Build Own and Operate Basis 18/09/2024     |     
  • Download TDS Certificate(s) has been published under Investor Services Menu 17/05/2024     |     
  • Expression of Interest for Commercialization of R&D Processes 15/04/2024     |     
  • KYC Updation of Physical Folios 25/03/2024     |     
  • MOU Scheme for Sale of Aluminium Metal – 2024-25 13/03/2024     |     
  • MOU Scheme for Sale of Aluminium Rolled Products – 2024-25 13/03/2024     |     
  • Declaration and fixation of Record date for 2nd Interim Dividend for the Financial Year 2023-24 16/02/2024     |     

    • Menu

    Visit the Beti Bachao Beti Padhao home page
    NALCO Registers Strong Performance
    print page icon

    NALCO Registers Strong Performance

    calender12/11/2018
    image-not-available
    • H1 Net Profit jumps three-fold
    • H1 Operating Profit goes up by four-fold

    Bhubaneswar, 12/11/2018: National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Govt. of India, has once again repeated its strong performance by posting a turnover of Rs.5952 crore in the first half of FY 2018- 19, i.e. 42% growth over H1 of FY 2017-18. The net profit of the company has gone up from Rs.364 crore in H1 of the previous fiscal (2017-18) to Rs.1197 crore during the first half of 2018-19, registering a growth of 229%.

    While the net profit of NALCO in the H1 of current fiscal has increased around three-fold, operating Profit of the company has increased more than four-fold, registering Rs.1624 crore in 2018-19 compared to Rs.334 crore in H1 of FY 2017-18. EBITDA margin of the company during the period has doubled from 17 % to 34%.

    According to the reviewed financial results for the 2 nd quarter and first half of the financial year 2018-19 taken on record by the Board of Directors in the meeting held at Bhubaneswar today, NALCO has achieved a net profit of Rs.510 crore, as against Rs. 235 crore in the corresponding quarter of previous fiscal, registering around two-fold growth. The operating profit of 2 nd quarter of FY18-19 has increased by 229% at Rs735 crore, as against Rs.223 crore in the 2 nd quarter of FY17-18.

    Despite high volatility in alumina and aluminium markets due to US Trade Sanctions etc. NALCO has been able to significantly improve its performance due to the New Business Model introduced by the company one and a half year back, which has helped in doubling its net profit during the last financial year 2017-18 and significant improvement further in Q1 of 2018-19, wherein NALCO registered a net profit of Rs.687 crore over Rs. 129 crore in Q1 2017-18. The performance of NALCO continued to be upbeat in Q2 of this fiscal. Under the New Business Model, the focus has been on reducing the specific consumption, cost reduction, production augmentation, strategic marketing in spot market etc. Dedicated and determined Team NALCO, under the leadership of Dr. T.K. Chand, CMD, is confident to post a record turnover and profit in FY 2018-19.