Bhubaneswar: National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has announced a record dividend of ₹1,928.46 crore for the financial year 2024–25, marking the highest-ever payout in the Company’s history. The Government of India’s share of the dividend amounts to ₹988.88 crore.
Dividend Handed Over to Government
The dividend cheque of ₹988.88 crore for FY 2024–25 was formally handed over to Mr. G. Kishan Reddy, Union Minister of Coal and Mines, by Mr. Brijendra Pratap Singh, CMD of NALCO, in New Delhi. The event was attended by Mr. Piyush Goyal, IAS, Secretary, Ministry of Mines, along with senior NALCO officials including Mr. Pankaj Kumar Sharma, Director (Production), and Mr. Abhay Kumar Behuria, Director (Finance).
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Consistent Profitability and Dividend Record
Since commencing commercial operations in 1987, NALCO has maintained consistent profitability and has declared dividends since 1992. To date, the company has paid a cumulative dividend of ₹14,331 crore, of which ₹9,556 crore has been remitted to the Government of India, which holds 51.28% equity in NALCO.
Interim Dividend for FY 2025–26
Following an exceptional performance in Q2 FY 2025–26, NALCO also declared an interim dividend of ₹4 per equity share (80% on the face value of ₹5 each), totaling ₹734.65 crore for FY 2025–26. The announcement reflects the company’s continued financial strength and its commitment to returning value to shareholders.
Strong Performance in H1 FY 2025–26
During the first half of the current financial year, NALCO delivered robust physical and financial performance, achieving its best-ever quarterly and half-yearly results. The strong performance underscores the company’s operational efficiency, sustained growth, and ability to capitalize on global aluminium demand.
About NALCO
National Aluminium Company Limited (NALCO) is a Navratna public sector undertaking (PSU) under the Ministry of Mines, Government of India. It is one of the country’s largest integrated bauxite, alumina, aluminium, and power complexes.
Established in 1981 and headquartered in Bhubaneswar, NALCO plays a pivotal role in India’s non-ferrous metal industry and energy infrastructure. The Government of India holds 51.28% stake in the company, which continues to uphold its commitment to sustainability, innovation, and nation-building.
