Q1 FY'26: NALCO net profit surges 77%; recommends dividend of Rs 2.50 per equity share

New Delhi: National Aluminium Company Limited (NALCO) has reported a strong start to FY 2025–26 with its net profit soaring 77 percent year-on-year to Rs 1,064 crore in the first quarter, compared to Rs 601 crore in the same period last year.

The results were taken on record during a meeting of the Board of Directors held in Bhubaneswar. The company posted revenue from operations of Rs 3,807 crore for the quarter ended June 30, reflecting robust operational and financial performance across business segments

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In a significant shareholder-friendly move, the Board also recommended a final dividend of Rs 2.50 per equity share (50 percent on the face value of Rs 5), amounting to Rs 459.16 crore for FY2024–25. Subject to shareholder approval at the upcoming 44th Annual General Meeting, the total dividend payout for FY2024–25 will stand at Rs 1,928.46 crore.

NALCO's CMD Brijendra Pratap Singh attributed the company’s strong Q1 performance to cost-efficient operations, a favourable domestic business environment, higher production volumes, and improvement in techno-economic parameters. Bauxite transportation rose by 6.56 percent during the quarter, while production of Alumina Hydrate surged by 35.5 percent, Calcined Alumina by 52.25 percent, and Aluminium Cast Metal by 2.68 percent compared to Q1 last fiscal.

On the sales front, NALCO achieved record-breaking figures, with export of alumina increasing by 209 percent and domestic alumina sales rising by an impressive 190 percent. The company recorded its highest-ever domestic sale of both alumina and aluminium in a single quarter.

Highlighting the sector’s growth prospects, Shri Singh noted that with India emerging as the world’s fastest-growing economy, the aluminium industry is witnessing accelerated momentum. Demand is growing at 9–10 percent annually and is projected to reach 7.5 to 8 million tonnes by 2030, driven by sectors like transportation, construction, and electrical infrastructure.

“NALCO’s robust Q1 reflects our commitment to excellence, and we remain optimistic about sustaining this momentum going forward,” he said.

NALCO continues to advance its strategic growth initiatives, including the expansion of its Alumina Refinery and efforts to operationalize the Pottangi Bauxite Mines, reinforcing its long-term vision for integrated growth in the aluminium value chain.

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