NALCO Q2 FY25 Results: Net Profit Soars 415 per Cent to Rs 1,062 Crore
Deccan ChronicleBhubaneswar: National Aluminium Company Limited, a Navratna Central Public Sector Enterprise under the Ministry of Mines, has reported a remarkable 415 per cent year-on-year increase in net profit for the second quarter of FY 2024-25, reaching Rs 1,062 crore. NALCO's total income from operations during Q2 stood at Rs 4,001 crore, representing a 32 per cent growth over Q2 FY 2023-24, which saw total income of Rs 3,044 crore. NALCO has also demonstrated robust performance in the first half of the current financial year, achieving a 199 per cent increase in net profit to Rs 1,663 crore compared to Rs 556 crore in the corresponding period of the previous year. In recognition of its strong financial performance, the company declared an interim dividend of Rs 4 per equity share, amounting to a total dividend payout of Rs 734.65 crore for FY 2024-25.