 "Nalco Q4 net profit rises 25% to Rs 268 crore")
The company had posted standalone profit of Rs 214 crore in the corresponding quarter of FY16, National Aluminium Company Ltd (Nalco) said in a BSE filing.
The standalone revenue from operations increased to Rs 2,549.7 crore, over Rs 1,994 crore in the corresponding quarter of 2015-16.
Also Read
The company has integrated and diversified operations in mining, metal and power. Presently, government holds 80.93 per cent stake in Nalco.
The company has a 68.25 lakh TPA bauxite mine and 22.75 lakh TPA alumina refinery located in Odisha, and 4.60 lakh TPA aluminium smelter and 1,200 MW captive power plant located in the same state, according to its website.
As per diversification plan, Nalco has ventured into renewable energy sectors. The company has successfully commissioned two wind power plants.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%