NALCO reports impressive net profit at ₹347.73 crore
The Hindu
This is a jump from ₹16.63 crore achieved in the corresponding period of the previous year.
The National Aluminium Company Limited (NALCO), India’s leading producer and exporter of alumina and aluminium, has reported a net profit of ₹347.73 crore in the first quarter of the fiscal — a jump from ₹16.63 crore achieved in the corresponding period of the previous year. The Navratna Central public sector enterprise under the Union Ministry of Mines said the company’s robust performance beat the market expectations, amidst challenging business environment. According to the results taken on record at a meeting of the Board of Directors in Bhubaneswar, the company reported revenue from operations of ₹2,474.55 crore, an increase of 79.2% compared to ₹1,380.63 crore achieved in the corresponding quarter of the previous year.More Related News