Bhubaneswar: National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Mines, has reported strong financial results for the second quarter and first half of FY 2026-27, recording significant growth in profitability and operational performance.
The company reported a 28% year-on-year (YoY) increase in net profit to Rs 1,835 crore in Q2 FY27, compared to Rs 1,433 crore in the corresponding quarter of the previous financial year.
NALCO’s total income from operations also registered a growth of 26%, reaching Rs 5,419 crore during the September quarter against Rs 4,292 crore in Q2 FY26. The improved performance was supported by higher production volumes, operational efficiency and favourable market conditions.
The company also achieved its best-ever half-yearly financial performance since inception, with profit after tax (PAT) rising 54% to Rs 3,837 crore in H1 FY27.
NALCO Q2 FY27 Results: Key Financial Highlights
NALCO recorded strong growth across major financial parameters during the second quarter of FY 2026-27.
The key financial figures for Q2 FY27 compared with the corresponding quarter of the previous financial year are as follows:
- Net Profit (PAT): Rs 1,835 crore, registering a 28% YoY growth compared to Rs 1,433 crore in Q2 FY26.
- Total Income from Operations: Rs 5,419 crore, up 26% from Rs 4,292 crore in the corresponding quarter last year.
- EBITDA: Rs 2,659 crore, registering a 28% increase compared to Rs 2,077 crore in Q2 FY26.
The growth in EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) reflects improved operational performance and the company’s ability to maintain profitability amid changing market conditions.
Read also: NALCO Foundation Signs MoU to Sponsor 21 Odisha Youths for Three-Year Nursing Diploma
NALCO Records Best-Ever H1 FY27 Financial Performance
NALCO achieved its highest-ever half-yearly financial performance since its inception during the first half of FY 2026-27.
The company reported total income of Rs 11,143 crore in H1 FY27, registering a 33% increase compared to Rs 8,374 crore in the corresponding period of the previous financial year.
Other major financial highlights for the first half of FY27 include:
- Total Income: Rs 11,143 crore, registering a 33% YoY growth.
- EBITDA: Rs 5,539 crore, up 50% year-on-year.
- Profit Before Tax (PBT): Rs 5,160 crore, registering a 55% growth.
- Profit After Tax (PAT): Rs 3,837 crore, up 54% year-on-year.
The 54% increase in half-yearly net profit highlights the company’s strong financial performance, supported by improved production, higher sales and operational efficiency.
NALCO Achieves Record Aluminium Production in H1 FY27
Alongside its financial performance, NALCO also registered significant achievements in production and sales during the first half of FY 2026-27.
The company recorded its highest-ever first-half Aluminium Cast Metal production of 2.35 lakh tonnes.
NALCO also achieved its highest-ever cumulative domestic sales of Alumina and Aluminium metal during H1 FY27.
These operational milestones reflect the company’s continued focus on improving production efficiency, strengthening its market presence and meeting domestic demand for aluminium and alumina products.
NALCO Announces Interim Dividend of Rs 4.50 Per Share
In addition to reporting strong quarterly and half-yearly results, NALCO has announced an interim dividend of Rs 4.50 per equity share.
The dividend represents 90% of the face value of Rs 5 per share, taking the total dividend payout to Rs 826.48 crore.
The company has fixed November 6, 2026, as the record date for determining eligible shareholders entitled to receive the interim dividend.
The announcement reflects the company’s financial performance and its commitment to delivering shareholder returns.
NALCO CMD Brijendra Pratap Singh Highlights Strong Operational Performance
Commenting on the company’s financial results, Shri Brijendra Pratap Singh, Chairman and Managing Director (CMD) of NALCO, attributed the strong performance during Q2 and H1 FY27 to robust operational efficiency, strong physical performance and favourable market conditions.
He also highlighted the company’s prudent marketing strategies, which supported its financial and operational achievements during the reporting period.
The CMD further reiterated the company’s progress on major expansion initiatives, including the 5th Stream of the Alumina Refinery and the proposed 0.5 MTPA brownfield aluminium smelter project at Angul.
These expansion initiatives are expected to strengthen NALCO’s production capabilities and support its long-term growth plans.
NALCO Share Price Performance in 2026
NALCO shares have delivered relatively modest returns in 2026 so far, gaining approximately 3.4% on a year-to-date (YTD) basis.
However, on a trailing 12-month basis, the company’s shares have delivered returns of around 36%, reflecting stronger performance over the longer period.
The company’s latest financial results, record half-yearly earnings and expansion plans remain important developments for investors tracking the aluminium and metals sector.
About National Aluminium Company Limited (NALCO)
National Aluminium Company Limited (NALCO) is a Navratna Central Public Sector Enterprise under the Ministry of Mines, Government of India. Established in 1981, the company is an integrated producer of bauxite, alumina and aluminium. With operations spanning mining, refining, smelting and power generation, NALCO plays an important role in India’s aluminium industry and contributes to the country’s industrial and economic development.
Read also: NALCO Foundation Signs MoU to Sponsor 40 Odisha Youths for Three-Year Nursing Diploma Course
