Nalco's bauxite output at record 6.8 MT in FY'17

Image
Press Trust of India New Delhi
Last Updated : Jan 26 2018 | 10:05 AM IST
State-run aluminium maker Nalco has produced a record 6.825 million tonne (MT) of bauxite in 2016-17 fiscal.
This is 7.65 per cent higher as compared to 6.340 MT bauxite produced in 2015-16, the company said in a report.
The company's aluminium output grew 4 per cent to 0.387 MT in last fiscal from 0.372 MT in the previous fiscal, it said.
Bauxite is an important ore of aluminium, a metal widely used by automobile industry for making aircraft, among other uses.
"Bauxite mines have achieved highest ever production with bauxite transportation of 68.25 lakh tonne achieving 100 per cent capacity utilisation and has surpassed previous best of 63.40 lakh tonne achieved in 2015-16, registering a growth of 7.65 per cent," the report said.
Alumina refinery has also achieved highest ever production with alumina hydrate output of 21 lakh tonne and has surpassed the previous best of 19.53 lakh tonne in 2015- 16, registering a growth of 7.53 per cent.
Nalco's captive power plant (CPP) achieved net power generation of 6,066 million unit (MU) in 2016-17, up 3.85 per cent from 5,841 MU in 2015-16.
Its profit after tax (PAT) during last fiscal stood at Rs 669 crore as compared to Rs 787 crore in the previous fiscal.
Total income was at Rs 8,458 crore as against Rs 7,874 crore.
The company's total expenses were at Rs 7,453 crore as against Rs 6,739 crore in 2015-16.
Nalco is a Navratna CPSE under Ministry of Mines. Government of India holds 60.2 per cent equity of Nalco.
It is one of the largest integrated bauxite-alumina- aluminium-power complex in the country.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Jan 26 2018 | 10:05 AM IST

Next Story