NALCO’s Q3 Net Profit Triples to Rs. 1,583 Crore

Bhubaneswar, Feb 10 – National Aluminium Company Limited (NALCO), a Navratna PSU under the Ministry of Mines and a leading manufacturer and exporter of alumina and aluminium, has reported a remarkable threefold increase in net profit for the third quarter ending December 2024.

As per the reviewed financial results for Q3 of FY25, taken on record by the Board in a meeting held in Bhubaneswar on Monday, NALCO registered a net profit of Rs. 1,583 crore, a significant jump from Rs. 488 crore in the corresponding quarter of the previous year.

The company also reported a total income of Rs. 4,761 crore in Q3 of FY25, compared to Rs. 3,398 crore in Q3 of FY24. For the nine months ending December 2024, the net profit and revenue from operations stood at Rs. 3,246 crore and Rs. 11,520 crore, respectively, marking an increase of 211 percent in net profit and 20 percent in revenue compared to the previous fiscal year.

NALCO has achieved its highest-ever revenue from operations and profit after tax in both Q3 and the first nine months of FY25.

Chairman-cum-Managing Director Brijendra Pratap Singh attributed the company’s stellar performance to improvements in process efficiency, reductions in input costs, and enhancements in product quality. He highlighted that the quarter’s strong financial results were primarily driven by better sales realization in alumina and metal, higher alumina sales volume, the use of captive coal, and reduced raw material costs.

He also emphasized NALCO’s commitment to completing key expansion projects, including the 5th stream expansion of the refinery, the operationalization of Pottangi Mines, the brownfield expansion of the smelter plant, and the planned expansion of the captive power plant (CPP).

Additionally, NALCO has announced an interim dividend of Rs. 4 per share for the financial year 2024-25, further demonstrating its strong financial health and commitment to shareholder returns.