National Aluminium Company Ltd Share Price – NSE /  BSE

Non Ferrous Metals, Small Cap

Net profit of National Aluminium Company rose 458.30% to Rs 1045.97 crore in the quarter ended September 2024 as against Rs 187.35 crore during the previous quarter ended September 2023. Sales rose 31.48% to Rs 4001.48 crore in the quarter ended September 2024 as against Rs 3043.42 crore during the previous quarter ended September 2023.

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Revenue from operations jumped 31.46% YoY to Rs 4,001.48 crore in the quarter ended 30 September 2024.

Profit before tax surged to Rs 1,436.55 crore in Q2 FY25 as against Rs 274.97 crore posted in same quarter last year.

On a segmental basis, the company’s revenue from chemicals was at Rs 1,702.58 crore (up 36.75% YoY) and revenue from Aluminium stood at Rs 2,726.78 crore (up 16.83% YoY) during the period under review.

On half year basis, the company’s consolidated net profit surged 199.36% to Rs 1,663.40 crore in H1 FY25 as compared to Rs 555.65 crore recorded in H1 FY24. Revenue from operations jumped 10.20% YoY to Rs 6,857.58 crore in H1 FY25.

Meanwhile, the company’s board has approved an interim dividend of Rs 4 per share for the financial year 2024-25. The record date for the dividend has been set as Friday, 29 November 2024. The payment of the interim dividend will be made to all eligible shareholders on 11 December 2024.

National Aluminium Company (NALCO) is a schedule ‘A' Navratna CPSE established. It is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the country. At present, Government of India holds 51.28% of paid up equity capital. The company has been operating its captive Panchpatmali Bauxite Mines for the pit head Alumina refinery at Damanjodi, in the District of Koraput in Odisha and Aluminium Smelter & Captive Power Plant at Angul.

The scrip declined 2.68% to end at Rs 219.80 on Wednesday, 13 November 2024.

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National Aluminium Company announced that the Board of Directors of the Company at its meeting held on 13 November 2024, has recommended a Interim dividend of Rs.4 per share (i.e.80%), subject to the approval of the shareholders.

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National Aluminium Company will hold a meeting of the Board of Directors of the Company on 13 November 2024

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