State-owned Nalco's first quarter profit soars to Rs 348 crore

The company had reported a consolidated profit of Rs 16.69 crore in the year-ago period.

Nalco rides on London Metal Exchange gains, sees room for more price hikes
Press Trust of India New Delhi
1 min read Last Updated : Aug 06 2021 | 5:22 PM IST

National Aluminium Co Ltd (Nalco) on Friday reported a significant rise in consolidated profit at Rs 347.73 crore for the quarter ended on June 30, 2021.

The company had reported a consolidated profit of Rs 16.69 crore in the year-ago period.

The consolidated income of the company during the quarter increased to Rs 2,506.29 crore from Rs 1,413.92 crore in the year-ago period, Nalco said in a regulatory filing.

Nalco is a Navratna CPSE under the Ministry of Mines. The company has integrated and diversified operations in mining, metal and power. The Centre holds 51.28 per cent equity of NALCO.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Nalcoaluminium productionNational Aluminium Company

First Published: Aug 06 2021 | 5:21 PM IST

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