NALCO reports record H1 profit of Rs 3,837 crore, up 54% YoY

New Delhi: National Aluminium Company Limited (NALCO), a Navratna public sector undertaking under the Ministry of Mines, has reported its highest-ever financial performance for the first half of FY 2026-27, with net profit rising 54 percent year-on-year to Rs 3,837 crore.

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The company recorded an all-time high total income of Rs 11,143 crore during April-September 2026, registering a 33 percent increase over Rs 8,374 crore in the corresponding period of the previous financial year. EBITDA grew 50 percent to Rs 5,539 crore, while profit before tax (PBT) increased 55 percent to Rs 5,160 crore.

NALCO also reported strong earnings growth in the second quarter of FY 2026-27. Its net profit rose 28 percent to Rs 1,835 crore in the quarter ended September 2026, compared to Rs 1,433 crore in the corresponding quarter of the previous year.

The company's total income from operations stood at Rs 5,419 crore in Q2 FY27, registering a 26 percent year-on-year growth over Rs 4,292 crore reported in Q2 FY26. The unaudited financial results were approved by the company's Board of Directors at a meeting held in New Delhi on November 2, 2026.

On the operational front, NALCO achieved its highest-ever first-half aluminium cast metal production of 2.35 lakh tonnes in FY27. The company also recorded its highest-ever cumulative domestic sales of alumina and aluminium metal during the first six months of the financial year.

The company has announced an interim dividend of Rs 4.50 per equity share, equivalent to 90 percent of the face value of Rs 5 per share. The total dividend payout for FY 2026-27 amounts to Rs 826.48 crore.

Commenting on the performance, NALCO Chairman and Managing Director Brijendra Pratap Singh said the strong financial results in Q2 and H1 FY27 were driven by improved operational efficiency, robust physical performance and favourable market conditions, supported by prudent marketing strategies.

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Outlining the company's expansion plans, Singh said the fifth stream expansion of NALCO's alumina refinery is at an advanced stage of commissioning, while groundwork for the proposed 0.5 million tonnes per annum (MTPA) brownfield smelter expansion project at Anugul, Odisha, is progressing steadily.

He added that the company remains focused on capacity expansion and operational improvements to generate long-term value for stakeholders and contribute to the country's industrial growth.

Singh also attributed the company's sustained growth to the commitment of its employees, continuous improvements in operational performance and the confidence of its stakeholders. He acknowledged the continued support and guidance of the Ministry of Mines and the Government of Odisha in advancing NALCO's strategic growth initiatives.

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