Nalco Q3 Profit Soars 92% to Rs 471 cr - Business News
National Aluminium Company (Nalco) reported a 92% jump in Q3 profit to Rs 471 crore, driven by higher revenue. The company also declared a second interim dividend of Rs 2 per share.
New Delhi, Feb 13 (PTI) National Aluminium Company Ltd 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.
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.
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.
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.
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