Updates
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

BBBP Logo
press clipping banner
print page icon

Net Profit higher by 58% compared to last quarter

calender14/08/2014

Bhubaneswar:  National Aluminium Company Limited (NALCO), a Navratna PSU of Ministry of Mines, Govt. of India, has announced the results for the 1st quarter ended June, 2014.

According to the reviewed financial results for the 1st quarter of the financial year 2014-15 taken on record by the Board of Directors in the meeting held in New Delhi on 13th August,2014, NALCO has registered a net profit of Rs.271 crores which is higher by 58% compared to last quarter.

On production front, during the quarter the quantum of bauxite, alumina and aluminium production were 14.04 lakh tonnes, 4.076 lakh tonnes and 79,240 MT respectively. In spite of reduced production level the company has been able to post higher profits due to improved specific consumption of coal, caustic soda etc.

The total alumina sale during the quarter was 3.15 lakh tonnes primarily in exports and aluminium sales was about 77,400 MT in both India and overseas markets.