NALCO Q3 results FY25: Net profit surges 3-fold, revenue up by 39%

Bhubaneswar: National Aluminium Company Limited (NALCO) has registered a three fold increase in net profit for the 3rd quarter ended December 2024.

The company’s net profit stood at an impressive Rs.1,583 crore compared to Rs.488 crore in the corresponding quarter of last year.

According to the reviewed financial results for the 3rd quarter of FY 25, taken on record by the Board in the meeting held at Bhubaneswar today, NALCO has registered a total income of Rs.4,761 crores in Q3 of FY25 compared to Rs.3,398 crores in Q3 of FY24.

The net profit and revenue from operations for the 9 months ended December 2024 work out to Rs.3,246 crore and Rs.11,520 crore respectively, as against the corresponding figures of Rs.1,044 crore and Rs.9,570 crore of the previous fiscal, recording an increase of 211% in net profit and 20% in revenue from operations.

Worth mentioning that NALCO has achieved highest-ever revenue from operations, & Profit after tax in Q3 and 09 months of FY 25.

Attributing the success to the employees, Brijendra Pratap Singh, Chairman-cum-Managing Director, NALCO, said that improvements in process efficiency, reduction in input costs, and enhancing product quality are crucial for company’s success. The performance of the present quarter is mostly attributable to better sales realisation in Alumina & Metal, higher sales volume of Alumina, use of captive coal and reduction in cost of raw materials.

He also emphasised that now the company’s thrust is on early completion of expansion activities including 5th Stream expansion of Refinery, operationalization of Pottangi Mines, Brownfield expansion of Smelter plant and planned CPP expansion.

It may be mentioned that NALCO has also announced an interim dividend @ Rs.4/- per share for the financial year 2024-25.