https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NALCO’s Quarterly Profit Soars Fivefold to Rs 1,045.97 Crore on Strong Revenue Growth

For the July-September quarter of this fiscal year, NALCO's consolidated revenue from operations climbed to Rs 4,001.48 crore, up from Rs 3,043.83 crore in the corresponding period the previous year.
Indian Masterminds Stories

National Aluminium Company Ltd. (NALCO) announced on Wednesday a significant rise in its consolidated profit, which surged over five times to Rs 1,045.97 crore for the quarter ending September 2024, driven by increased revenue from operations. In the same quarter last year, the company reported a consolidated profit of Rs 187.35 crore, according to its filing with the stock exchange.

For the July-September quarter of this fiscal year, NALCO’s consolidated revenue from operations climbed to Rs 4,001.48 crore, up from Rs 3,043.83 crore in the corresponding period the previous year. Additionally, the company’s board has approved an interim dividend of Rs 4 per share for the current fiscal year.

As a ‘Navratna’ public sector enterprise, NALCO is 51.28% owned by the central government. The company operates its own Panchpatmali Bauxite Mines to supply its alumina refinery in Damanjodi, Odisha, along with an aluminum smelter and captive power plant at Angul.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
BEML and DIAT
BEML and DIAT Forge Strategic Defence-Academia Partnership to Boost Innovation in Aerospace and Defence Sectors
Mumbai-Ahmedabad Bullet train
Milestone in Urban Planning: Gujarat’s Surat Set to Pioneer TP Scheme 61 Around Bullet Train Node, Ushering Future‑Ready Urban Growth
CM Hemant Soren
Employment Boost in Jharkhand: CM Soren Distributes Appointment Letters, Launches New Tourism Website for Growth & Global Visibility
Bahraich Wolf
Wolf Scare in Bahraich: Infant Killed, Woman Injured Amid Suspected Wild Attacks
Vishnu Deo Sai CM
Bastar’s Development Boom: Rs. 1.52 Lakh Crore Investment Fuels Transformation into India’s New Growth Engine, NMDC Leads Public Investment
Indian Bureaucracy News Latest
Govt Appoints IRSME Officer Devidatta Satapathy as CVO of Paradip Port, Extends IAS Dinesh Kumar’s Tenure in Defence
DRDO MoU JNU
DRDO Signs MoU with JNU to Boost AI, Cybersecurity & NLP for Defence Innovation and Application
Tehri Lake
Tehri Lake to Become Global Tourism Hub with Rs. 11,000 Crores ADB-Backed Development Boost! Over 87,000 Locals to Benefit
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
How Modern Forensics Helps Police Solve Crimes – IPS Officer Shikha Goel Explains | Video Interview
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
IAS Medha Roopam
IAS Medha Roopam’s Inspiring Dedication in Flood-Hit Noida Goes Viral: Focuses on Relief, Education Amid Heavy Rains
Books in One Hand, Umbrella in Other: Noida DM Medha Roopam Leads Flood Relief from the Front
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
BEML and DIAT
BEML and DIAT Forge Strategic Defence-Academia Partnership to Boost Innovation in Aerospace and Defence Sectors
Mumbai-Ahmedabad Bullet train
Milestone in Urban Planning: Gujarat’s Surat Set to Pioneer TP Scheme 61 Around Bullet Train Node, Ushering Future‑Ready Urban Growth
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
ADVERTISEMENT
ADVERTISEMENT