nalco 3rd quarter update: Nalco 3rd quarter results: Net profit nearly doubled to Rs 471 cr.

New Delhi: National Aluminum Company Ltd on Tuesday reported nearly doubling of its consolidated profit at Rs 470.61 crore for the quarter ended December 31, 2023. The company posted a consolidated profit of Rs 256.32 crore in the October-December quarter. Nalco revealed its results for FY2022-23 in a filing with the BSE.

Total revenue for the quarter under review increased to Rs 3,397.87 crore from Rs 3,357.71 crore in the same quarter of the previous year.

The company’s board of directors has approved a second interim dividend of Rs 2 per share on the paid-up capital of Rs 918.32 billion for the current financial year.

National Aluminum Company Limited (Nalco) is a Navratna PSU. It is one of the largest integrated bauxite-alumina-aluminium-power complexes in the country.

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