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Nalco's Q1 net profit dips 26% to Rs 135 crore

State-run firm had clocked a net profit of Rs 174.32 crore in the year-go period

Press Trust of India  |  New Delhi 

Aluminium maker Nalco on Monday reported a 36 per cent fall in its standalone net profit at Rs 135 crore for the quarter ended June 30, 2016. The state-run firm had clocked a net profit of Rs 174.32 crore in the year-go period, it said in a BSE filing. Total standalone income of the Navratna firm rose by 4 per cent to Rs 1,549 crore in April-June quarter of this financial year (FY) from Rs 1,491.27 crore during the same quarter in the FY 2015-16. Its total expenses were higher at Rs 1,473.19 crore from Rs 1,361.63 crore during the period under review. The ...

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