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. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4001.483043.42 31 OPM %38.3112.41 - PBDT1600.17442.21 262 PBT1420.34256.06 455 NP1045.97187.35 458 Powered by Capital Market - Live

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.Powered by Capital Market - Live

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.Powered by Capital Market - Live

National Aluminium Company will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live

National Aluminium Company announced the cessation of the following directors on completion of the tenure with effect from 09 November 2024: Ravi Nath Jha Dr. B. R. Ramakrishna Dr. Ajay Narang Y. P. Chillio Dr. Shatorupa Adv. Dushyant UpadhyayPowered by Capital Market - Live

National Aluminium Company Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 241.5, up 2.75% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.86% on the day, quoting at 24422.05. The Sensex is at 80185.47, up 0.89%. National Aluminium Company Ltd has added around 12.38% in last one month. Meanwhile, Nifty Metal index of which National Aluminium Company Ltd is a constituent, has added around 3.21% in last one month and is currently quoting at 9505.4, up 0.67% on the day. The volume in the stock stood at 206.89 lakh shares today, compared to the daily average of 202.64 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 242.6, up 3.03% on the day. National Aluminium Company Ltd is up 157.74% in last one year as compared to a 25.84% gain in NIFTY and a 45.5% gain in the Nifty Metal index.The PE of the stock is 21.64 based on TTM earnings ending June 24.Powered by Capital Market - Live

Sanjay Lohiya is IAS, Additional Secretary, Ministry of Mines. His appointment is subject to ACC approval for appointment of a new incumbent or till the regular incumbent joins or till assignment of additional charge by ACC for the post of CMD, NALCO or till further orders whichever is earlier. 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's standalone net profit soared 94.65% to Rs 1,015.83 crore as against Rs 521.88 crore recorded in Q1 FY25. Revenue from operations stood at Rs 3,579.05 crore in first quarter of FY25, down 2.51% from Rs 3,671.37 crore reported in the same period a year ago. The scrip rose 0.95% to close at Rs 229.25 on Friday, 1 November 2024.Powered by Capital Market - Live

National Aluminium Company has informed that Shri Sanjay Lohiya has assumed the current duties for the post of CMD, NALCO w.e.f. 02.11.2024, consequent upon the superannuation of Shri Sridhar Patra, Chairman-cum-Managing Director on 31.10.2024 (AN) and pending ACC approval for appointment of a new incumbent or till the regular incumbent joins or till assignment of additional charge by ACC for the post of CMD, NALCO or till further orders whichever is earlier.Powered by Capital Market - Live

Shri Sridhra Patra, Chairman-cum-Managing of National Aluminium Company has ceased from his position w.e.f. 31.10.2024 upon attaining the age of superannuation.Powered by Capital Market - Live

National Aluminium Company has postponed the meeting of the Board of Directors which was scheduled to be held on 29 October 2024. The meeting will now be held on a later date.Powered by Capital Market - Live