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NALCO reports over 2 fold jump in Q2 net profit

National Aluminium Company (NALCO) has reported results for second quarter ended September 30, 2018.

The company has reported over 2 fold jump in its net profit of Rs 510.00 crore for the quarter under review as compared to Rs 234.63 crore for the same quarter in the previous year. Total income of the company increased by 23.48% at Rs 3,131.20 crore for Q2FY19 as compared Rs 2,535.73 crore for the corresponding quarter previous year.

NALCO has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.

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