NALCO Q3 profit rises almost two-fold to Rs 471 crore 
News Updates

NALCO Q3 profit rises almost two-fold to Rs 471 crore

NALCO reported almost two-fold rise in consolidated profit to Rs 470.61 crore for the quarter ended on December 31, 2023

PSU Watch Bureau

New Delhi: National Aluminium Company Limited (NALCO) on Tuesday reported almost two-fold rise in consolidated profit to Rs 470.61 crore for the quarter ended on December 31, 2023.

The company had posted a consolidated profit of Rs 256.32 crore in the October-December quarter of FY2022-23, Nalco said in a filing to BSE.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

Total income during the quarter under review rose to Rs 3,397.87 crore from Rs 3,357.71 crore in the year-ago period.

The company's board has approved the second interim dividend of Rs 2 per share on the paid-up equity share capital of Rs 918.32 crore for the current fiscal.

National Aluminium Company Limited (NALCO) is a Navratna PSU. It is one of the largest integrated bauxite-alumina-aluminium-power complex in the country.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Mines Minister Reddy calls for integration of advanced tech into geoscience

India, Israel ink terms of reference to formally launch FTA talks

Govt extends exemption from quality norms compliance for certain steel, stainless steel grades until March

NHAI launches Raajmarg Infra Investment Managers for highway monetization

SAIL's Bokaro plant inks licencing pact with DRDO lab for tech transfer