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Hans India
3 days ago
- Business
- Hans India
NALCO holds meet on Smart Mining
Bhubaneswar: National Aluminium Company Limited (NALCO) organised a conference on Smart Mining & Manufacturing in Bhubaneswar on Friday on the theme 'Smart Aluminium: Driving Operational Excellence through Industry 4.0.' The event brought together key stakeholders from industry, academia and technology sectors to explore how digital innovation is reshaping manufacturing and industrial operations. Inaugurating the conference, NALCO CMD Brijendra Pratap Singh emphasised the importance of embracing Industry 4.0 technologies to boost efficiency and competitiveness. Singh highlighted the role of progressive government policies, such as support for start-ups and 'Make in India' initiative, in fostering self-reliance. He said India, as the fourth-largest economy, is witnessing strong investment and infrastructure growth, driving rapid expansion in the core and manufacturing sectors. In his welcome address, Jagdish Arora, Director (P&T), described Industry 4.0 as a revolution driven by advancements in automation, AI and IoT that enables transformative value creation across manufacturing and industrial operations. Vedanta Aluminium Limited CEO Rajiv Kumar graced the occasion as the distinguished guest while Sarajit Jha, Chief – Business Transformation & Digital Solutions, Tata Steel, joined the session virtually as a keynote speaker. Pankaj Kumar Sharma, Director (Production), and Tapas Kumar Pattanayak, Director (HR), NALCO, also shared their insights. Industry leaders from SAIL, Tata Steel, Vedanta, Deloitte India, EY-Parthenon and McKinsey & Company participated as distinguished speakers at the conference, contributing to discussions on emerging trends and strategies in the Industry 4.0 landscape. The conference provided a collaborative platform to exchange ideas, showcase emerging technologies and discuss strategies for accelerating Industry 4.0 adoption, featuring tech sessions and panel discussions on AI and data analytics. Technocrats, researchers, policy makers and delegates from the metal sector and allied industries shared technological know-how.
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Business Standard
22-05-2025
- Business
- Business Standard
Here's why Nalco share price was buzzing in trade on May 22; details
Nalco shares surged after the company reported its highest-ever net profit and revenue from operations since inception in FY25. SI Reporter New Delhi Nalco share price: National Aluminium Company Limited (Nalco) shares were in demand on Thursday, May 22, 2025, with the scrip rising up to 5.50 per cent to hit an intraday high of ₹191.65 apiece. However, at 10:03 AM, Nalco shares were off highs, and were trading 1.60 per cent higher at ₹184.55 per share. In comparison, BSE Sensex was trading 0.76 per cent lower at 80,973.03 level. Why did Nalco share price rise? Nalco shares surged after the company reported its highest-ever net profit and revenue from operations since inception in FY25. Nalco posted a record net profit of ₹5,325 crore, marking a 158 per cent increase year-on-year (Y-o-Y). The company also reported its highest-ever revenue from operations, reaching ₹16,788 crore for the fiscal year. For the fourth quarter ended March 2025, the company registered a net profit of ₹2,078 crore, a major rise from ₹1,016 crore in the same quarter last year — an increase of 105 per cent. Quarterly revenue also witnessed robust growth, climbing to ₹5,268 crore from ₹3,579 crore a year ago. The strong performance was fueled by strong aluminium and alumina prices, streamlined operations, and enhanced operational efficiency. Nalco also benefitted from sustained momentum in its expansion projects and healthy margins across business segments. Operationally, the company achieved its highest-ever bauxite excavation at 76.48 lakh tonnes and recorded all-time high domestic metal sales of 4.55 lakh tonnes. CMD Brijendra Pratap Singh noted that the company's growth gained momentum in the latter half of the fiscal year. 'This is clearly reflected in our robust financial performance and strong revenue growth. Enhancing efficiency, optimising costs, and the unwavering commitment of our employees have played a key role in maintaining competitiveness in a dynamic market,' he said. Singh further stressed upon Nalco's strategic focus on process improvements and a performance-driven culture, which has helped build a motivated and efficient workforce. These efforts have enabled the company to sustain growth even amid market volatility. Looking ahead, NALCO remains committed to long-term, sustainable growth through several strategic initiatives. These include the 5th Stream expansion of the Alumina Refinery, the operationalization of the Pottangi Bauxite Mines, and the expansion of the existing Smelter Plant and Captive Power Plant. These projects are expected to strengthen the company's foundation and reinforce its position in the global aluminium sector. About Nalco Nalco is a premier public sector enterprise under the Ministry of Mines, Government of India, with a 51.28 per cent government stake. Established on January 7, 1981, and headquartered in Bhubaneswar, Odisha, Nalco is renowned for its fully integrated operations spanning bauxite mining, alumina refining, aluminium smelting, and power generation. As a Navratna company since April 28, 2008, Nalco has emerged as a key player in India's aluminium industry, contributing significantly to the country's self-reliance in this critical sector. The company operates major facilities including the Panchpatmali Bauxite Mines and Alumina Refinery in Koraput district, and an Aluminium Smelter and Captive Power Plant in Angul, Odisha.
Business Standard
22-05-2025
- Business
- Business Standard
NALCO gains as Q4 PAT soars 105% YoY to Rs 2,078 crore
National Aluminium Company (NALCO) added 1.84% after the company reported a 104.59% surge in standalone net profit to Rs 2,078.37 crore in Q4 FY25, compared with Rs 1,015.83 crore in Q4 FY24. Revenue from operations jumped 47.18% YoY to Rs 5,267.83 crore in the quarter ended 31st March 2025. Profit before tax stood at Rs 2,759.64 crore in Q4 FY25, up 101.51% as against Rs 1,369.48 crore reported in the same period a year ago. Total expense declined 3.18% year on year to Rs 2,633.80 crore during the quarter. The cost of raw materials consumed stood at Rs 578.51 crore (down 15.01% YoY), while employee benefits expense was at Rs 413.25 crore (down 19.38% YoY) during the period under review. The companys revenue from chemicals was at Rs 2,536.66 crore (up 59.77% YoY) and income from aluminum stood at Rs 3,250.26 crore (up 32.68% YoY) during the period under review. Shri Brijendra Pratap Singh, CMD, stated that the companys growth gained significant momentum in the third and fourth quarters of FY25, as reflected in its robust financial performance and strong revenue growth. Enhancing efficiency, optimizing costs, and the unwavering commitment of our employees have played a pivotal role in enabling NALCO to maintain competitive pricing in a dynamic market environment. Furthermore, our strategic focus on process improvements has fostered a motivated, performance-driven workforce, he said. With aluminium prices firming up and demand steadily increasing, NALCO is well-positioned to sustain its growth trajectory. Looking ahead, Shri Singh reaffirmed the companys commitment to long-term sustainable growth through strategic expansions, including the 5th Stream expansion of the Alumina Refinery, the operationalization of the Pottangi Bauxite Mines, and the proposed expansion of the existing Smelter Plant and Captive Power Plant. These initiatives are expected to provide a strong foundation for sustainable and resilient growth, further strengthening NALCOs position in the global aluminium sector. National Aluminium Company (NALCO) manufactures and sells Alumina and Aluminium.
Time of India
22-05-2025
- Business
- Time of India
Nalco shares in focus after Q4 profit doubles to Rs 2,067 crore on strong aluminium prices
Shares of National Aluminium Company (Nalco) will be in focus on Thursday after the state-owned firm reported a twofold rise in consolidated net profit to Rs 2,067.23 crore for the March quarter, driven by higher aluminium prices and improved operational performance. The company had posted a profit of Rs 996.74 crore in the same period last year. Revenue from operations jumped 47.2% year-on-year to Rs 5,267.8 crore in Q4FY25, compared to Rs 2,720.4 crore in the year-ago quarter. For the full year FY25, Nalco's net profit surged to Rs 5,267.94 crore from Rs 1,988.46 crore in FY24. Annual revenue rose to Rs 16,787.63 crore from Rs 13,149.15 crore. Nalco attributed the strong performance to firm aluminium and alumina prices, enhanced operational efficiency, and momentum in its expansion projects. The company also saw robust growth across all business units. Also Read: RIL, SBI among 10 stocks with more than 32 buy calls In FY25, Nalco achieved its highest-ever bauxite excavation of 76.48 lakh tonnes and record domestic sales of 4.55 lakh tonnes. The company's growth gained significant momentum in the third and fourth quarters of FY25, which is reflected in the robust financial performance and strong revenue growth, said CMD Brijendra Pratap Singh. "Enhancing efficiency, cost optimisation, and the unwavering commitment of employees have played a key role in enabling Nalco to maintain competitive pricing in a dynamic market environment. Moreover, Nalco's strategic focus on process improvements has fostered a motivated, performance-driven workforce," he said. With aluminium prices firming up and demand steadily increasing, the PSU is well-positioned to sustain its growth trajectory. Looking ahead, Singh underscored the company's commitment to long-term sustainable growth through strategic expansions, including the fifth stream expansion of the alumina refinery, the operationalisation of the Pottangi bauxite mines, and the proposed expansion of the existing smelter plant and captive power plant. Also Read: KEC International, PVR INOX among 10 smallcap stocks analysts expect to gain up to 80% Nalco share price target According to Trendlyne, the average target price for Nalco stands at Rs 217, implying an upside of nearly 19% from current levels. Among the 10 analysts covering the stock, the consensus rating is 'Buy'.
Economic Times
21-05-2025
- Business
- Economic Times
Nalco Q4 Results: Profit shoots up twofold to Rs 2,067 crore on strong aluminium prices
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel State-owned Nalco on Wednesday reported twofold jump in consolidated net profit at Rs 2,067.23 crore for March quarter 2025 due to higher revenue from operations. The company had logged a profit of Rs 996.74 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in a filing to from operations in January-March FY25 rose to Rs 5,267.83 crore from Rs 3,579.05 crore a year PSU's profit in FY25 increased to Rs 5,267.94 crore from Rs 1,988.46 crore in FY24. Revenue from operations rose to Rs 16,787.63 crore from Rs 13,149.15 by strong aluminium and alumina prices, streamlined operations, improved efficiency and momentum in expansion projects, Nalco has been able to continue its growth trajectory supported by robust growth across all its business units and in profit margins, it said in a FY25, the company achieved highest ever bauxite excavation of 76.48 lakh tonne and highest ever domestic sale of 4.55 lakh company's growth gained significant momentum in the third and fourth quarters of FY25, which is clearly reflected in the company's robust financial performance and strong revenue growth, CMD Brijendra Pratap Singh said."Enhancing efficiency, cost optimization and unwavering commitment of employees have played a key role in enabling Nalco to maintain competitive pricing in a dynamic market environment. Moreover, Nalco's strategic focus on process improvements has fostered a motivated, performance-driven workforce," he aluminium prices firming up and demand steadily increasing, the PSU is well-positioned to sustain its growth ahead, Singh underscored the company's commitment to long-term sustainable growth through strategic expansions, including the fifth stream expansion of the alumina refinery, operationalisation of the Pottangi bauxite mines, and the proposed expansion of the existing smelter plant and captive power initiatives are set to provide a strong foundation for sustainable and resilient growth, further fortifying Nalco's position in the global aluminium sector.
