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

Operating Profit in 3rd quarter 2018-19 records 80% growth over 3rd quarter 2017-18

calender08/02/2019
press-banner-nalco-thumb

Bhubaneswar: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for the 3 rd quarter ended December 2018 and up to end 3 rd quarter 2018-19.

According to the reviewed financial results for the 3 rd quarter of the financial year 2018-19 taken on record by the Board in the meeting held at New Delhi today, NALCO has posted a higher than expected operating profit of 589 crore registering 80% growth over the same period of last year. Net profit of the company for the 3 rd quarter is Rs.302 crore and the net profit for the period from April 2018 to December 2018 has grown to Rs.1499 crore as against 1085 crore of last year same period i.e. 38% growth.

The net sales for the 9 months of the fiscal are Rs.8,644 crore i.e. 32% growth over the same period of last year. NALCO has also achieved record growth in production in all fronts. During the first nine months of the current fiscal, NALCO achieved production of 55.39 lakh tonnes of bauxite, as compared to 54.40 lakh tonnes achieved during the comparable period of the previous fiscal. The company produced 15.92 lakh tonnes of alumina hydrate, against 15.51lakh tonnes achieved in the corresponding period of the previous financial year.

Metal production was 3.29 lakh tonnes, against 3.17 lakh tonnes during the comparable nine months of the previous fiscal. The net power generated during the period was 4,580million units.As a committed and responsible green power producer the company has generated 310 million units of wind power during the first 9 months of this fiscal.