Nalco Q3 Results: Net profit rises almost two-fold to Rs 471 cr

New Delhi: National Aluminium Company Ltd on Tuesday reported an 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.

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