Latest news with #NationalAluminiumCompanyLtd
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Business Standard
5 days ago
- Business
- Business Standard
Nalco clarifies ₹30,000-cr smelter expansion plan on track, not deferred
State-run National Aluminium Company Ltd (Nalco) on Thursday clarified that its ₹30,000-crore capital expenditure plan for smelter expansion with captive power is progressing as planned and has not been put on hold. The company said it is currently updating the detailed project report (DPR) for its brownfield smelter expansion, which includes a captive power plant integrated with renewable energy. The revision is being undertaken to align with evolving business needs. Nalco issued the clarification via a filing to the Bombay Stock Exchange (BSE), stating: 'The Nalco management refutes the report.' It added that discussions with technology partners are ongoing. 'Discussion with technology partners, including RTAL, is being actively pursued and is on track. It is premature to disclose any details on the discussion at this stage,' the company said in the filing. Profit doubles in Q4FY25 Nalco recently posted strong financial results for the March 2025 quarter, reporting a consolidated net profit of ₹2,067.23 crore — more than double the ₹996.74 crore reported in the same period last year. Revenue from operations for the January–March period rose to ₹5,267.83 crore, compared to ₹3,579.05 crore a year earlier. Nalco operates across the full aluminium value chain, including bauxite mining, alumina refining, aluminium smelting, and power generation. The Indian government currently holds a 51.28 per cent stake in the company.
Business Upturn
22-05-2025
- Business
- Business Upturn
NALCO shares jump 3% as Q4 revenue rises 47.2% YoY to Rs 5,267 crore
By Aman Shukla Published on May 22, 2025, 09:27 IST Shares of National Aluminium Company Ltd (NALCO) surged 3% in early trade on Thursday after the company posted robust Q4FY25 results, highlighting strong growth across key financial metrics. As of 9:25 AM, the shares were trading 3.08% higher at Rs 187.35. NALCO's consolidated net profit more than doubled, rising 108% year-on-year (YoY) to ₹2,067 crore. Sequentially, profit was up 32%. Revenue also witnessed a sharp uptick, growing 47% YoY and 13% quarter-on-quarter (QoQ) to ₹5,267 crore, driven by higher aluminium realizations and volumes. Operating performance remained strong, with EBITDA soaring 149% YoY to ₹2,753 crore, up 18% QoQ. EBITDA margins expanded significantly to 52.3%, compared to 30.95% in Q4FY24 and 49.9% in Q3FY25, aided by operational efficiencies and cost control. The company attributed the stellar quarter to a favourable pricing environment, strong aluminium demand, and internal efficiency measures. The performance underscores NALCO's strategic resilience and positions it well for FY26. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
21-05-2025
- Business
- Time of India
Nalco Q4 Results: Profit shoots up twofold to Rs 2,067 crore on strong aluminium prices
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 BSE. Revenue from operations in January-March FY25 rose to Rs 5,267.83 crore from Rs 3,579.05 crore a year ago. The 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 crore. Fuelled 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 statement. In FY25, the company achieved highest ever bauxite excavation of 76.48 lakh tonne and highest ever domestic sale of 4.55 lakh tonne. Live Events The 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 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, operationalisation of the Pottangi bauxite mines, and the proposed expansion of the existing smelter plant and captive power plant. These initiatives are set to provide a strong foundation for sustainable and resilient growth, further fortifying Nalco's position in the global aluminium sector.
Business Standard
14-05-2025
- Business
- Business Standard
Quick Wrap: Nifty Metal Index gains 2.46%
Nifty Metal index ended up 2.46% at 9052.1 today. The index has gained 11.00% over last one month. Among the constituents, Steel Authority of India Ltd rose 5.76%, Lloyds Metals & Energy Ltd gained 5.04% and National Aluminium Company Ltd jumped 4.92%. The Nifty Metal index has fallen 3.00% over last one year compared to the 11.02% increase in benchmark Nifty 50 index. In other indices, Nifty Realty index gained 1.70% and Nifty Energy index added 1.42% on the day. In broad markets, the Nifty 50 added 0.36% to close at 24666.9 while the SENSEX increased 0.22% to close at 81330.56 today.
Business Standard
05-05-2025
- Business
- Business Standard
Jindal Stainless Ltd Slides 0.6%
Jindal Stainless Ltd has added 6.04% over last one month compared to 1.35% gain in BSE Metal index and 7.27% rise in the SENSEX Jindal Stainless Ltd lost 0.6% today to trade at Rs 585.05. The BSE Metal index is down 0.13% to quote at 28833.49. The index is up 1.35 % over last one month. Among the other constituents of the index, Jindal Steel & Power Ltd decreased 0.5% and National Aluminium Company Ltd lost 0.5% on the day. The BSE Metal index went down 9.41 % over last one year compared to the 9.43% surge in benchmark SENSEX. Jindal Stainless Ltd has added 6.04% over last one month compared to 1.35% gain in BSE Metal index and 7.27% rise in the SENSEX. On the BSE, 1003 shares were traded in the counter so far compared with average daily volumes of 72581 shares in the past one month. The stock hit a record high of Rs 848 on 09 Jul 2024. The stock hit a 52-week low of Rs 497 on 07 Apr 2025.
