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Nalco Posts Record Half-Yearly Results with 54% Net Profit Rise in H1FY27
Sentiment: PositiveHigh Priority
What Happened?
National Aluminium Company (Nalco) reported its strongest half-yearly performance ever, with a 54% increase in net profit to ₹3,837 crore for H1FY27, driven by record production and favorable market conditions.
Key points
- Nalco's net profit for H1FY27 reached ₹3,837 crore, a 54% increase year-on-year.
- Total income rose 33% to ₹11,143 crore from ₹8,374 crore in the previous year.
- Ebitda increased by 50% to ₹5,539 crore, while profit before tax jumped 55% to ₹5,160 crore.
- The company achieved record production of 235,000 tonnes of aluminium cast metal in the first half.
- Nalco announced an interim dividend of ₹4.50 per equity share, totaling ₹826.48 crore for FY27.
Key insights
- The strong financial results may attract more investors and strengthen Nalco's market position.
- Increased production capacity could help Nalco meet rising demand in the aluminium market.
- The interim dividend reflects the company's commitment to returning value to shareholders.
Why it matters
Nalco's record performance could enhance its capacity for future expansion and investment in the aluminium sector.
Entities
National Aluminium Company· CompanyBrijendra Pratap Singh· PersonOdisha· State
Source
Business Standard
