National Aluminium Company Limited (NALCO) Board of Directors has declared and approved an interim dividend of ₹4 per equity share of face value of ₹5 each.
On February 12, 2025, NALCO share price opened at ₹183.95 and closed at ₹189.45, up by 3.35%. The stock price touched its day’s high at ₹191.96.
The company stated that the Board of Directors, in their meeting held on February 10, 2025, approved the payment of the second interim dividend of ₹4 per share (80% on the face value of ₹5 each) on the paid-up equity share capital of ₹918.32 crore for the financial year 2024-25.
The company has set February 14, 2025, as the record date to determine eligible shareholders for this dividend. The payment will be made on or before March 10, 2025, to all eligible shareholders whose names appear in the Register of Members as of the record date.
NALCO has reported a threefold increase in net profit for Q3 FY25. The company’s net profit surged to ₹1,583 crore, a significant jump from ₹488 crore in the corresponding quarter of the previous year. NALCO’s total income for Q3 FY25 stood at ₹4,761 crore, compared to ₹3,398 crore in Q3 FY24.
For the nine months ended December 2024, NALCO recorded a net profit of ₹3,246 crore and revenue from operations of ₹11,520 crore. These figures reflect a 211% increase in net profit and a 20% rise in revenue compared to the previous year’s ₹1,044 crore in net profit and ₹9,570 crore in revenue from operations.
NALCO is a Navratna PSU, under the Ministry of Mines, Govt. of India. It is India’s leading manufacturer and exporter of alumina and aluminium.
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Published on: Feb 13, 2025, 8:52 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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