National Aluminium Company Limited (NALCO) has reported its financial performance for the third quarter (Q3) of FY25, achieving a threefold increase in net profit.
Post the announcement, on February 11, 2025, NALCO share price (NSE: NATIONALUM) opened at ₹195.44, up from its previous close of ₹191.05. At 10:48 AM, the share price of NALCO was trading at ₹190.33, down by 0.38% on the NSE.
The company’s net profit stood at ₹1,583 crore compared to ₹488 crore in the corresponding quarter of FY24. NALCO’s total income for Q3 FY25 rose to ₹4,761 crore, a jump from ₹3,398 crore in Q3 FY24. The company stated that this marks a milestone for them, with its highest-ever revenue from operations and Profit After Tax (PAT) recorded during this period.
For the nine months ended December 2024, the company achieved a net profit of ₹3,246 crore and revenue from operations amounting to ₹11,520 crore, showcasing a 211% YoY growth in net profit and 20% YoY growth in revenue.
Chairman-cum-Managing Director Shri Brijendra Pratap Singh attributed this remarkable growth to enhanced process efficiency, cost reduction, and product quality improvements. Key contributors to the stellar performance include better sales realization in Alumina and Metal, increased sales volume of Alumina, use of captive coal, and reduced raw material costs.
Looking forward, NALCO aims to accelerate its expansion projects, including the 5th Stream Refinery expansion, operationalization of Pottangi Mines, Smelter plant brownfield expansion, and CPP (Captive Power Plant) expansion. These initiatives are expected to bolster the company’s growth trajectory in the coming years.
In recognition of its performance, NALCO’s Board of Directors has approved a second interim dividend of ₹4 per share (80% of the face value of ₹5 each) for FY25. The record date for determining eligible shareholders is set for February 14, 2025, with dividend payments to be made on or before March 10, 2025.
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Published on: Feb 11, 2025, 12:10 PM 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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