National Aluminium Company Limited — Updates, 13-11-2024: Press Release

NALCO has reported a robust 415% year-over-year increase in net profit for the second quarter of FY25, reaching ₹1,062 crore, up from ₹206 crore in the same quarter last year. Total income from operations grew by 32% to ₹4,001 crore compared to ₹3,044 crore in Q2 FY23-24. The company's strong performance is underscored by a remarkable 199% rise in net profit in the first half of FY25, climbing to ₹1,663 crore from ₹556 crore last year, with record domestic metal sales of 2,21,966 MT during this period. The solid results were attributed to enhanced operational efficiency and higher aluminum prices. NALCO also declared an interim dividend of ₹4 per equity share, totaling ₹734.65 crore for FY25. The outlook remains positive, with management emphasizing ongoing strategies to enhance performance and market adaptability.