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States » EastPosted at: Nov 13 2024 10:59PM


Net Profit zooms 415 pc YoY to Rs 1062 crore

Bhubaneswar, Nov13 (UNI) The National Aluminium Company Limited (NALCO), the Navratna CPSE under the Ministry of Mines, Government of India, has posted an impressive 415 percent growth in net profit for the quarter ended September 2024 at Rs. 1062 crore.
According to the results taken on record at a meeting of the Board of Directors in Bhubaneswar on Wednesday, the total income of the company during the quarter from operations stood at Rs 4001 crore, registering 32 percent growth over Q2 of FY 23-24, which was Rs. 3044 crore.
NALCO has also shown robust performance in the first half of the current financial year with a 199 percent growth in net profit soaring to Rs. 1663 crore as against Rs.556 crore for the corresponding period of previous year.
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