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Nalco FY19 net profit surges 29% to Rs 1,732 crore, best ever in a decade

The striking takeaway from Nalco's physical parameters was aluminium production of 0.44 MT, the best in the last eight years


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Jayajit Dash Bhubaneswar
Bucking market trends and edging past its private peers, the central public sector undertaking National Aluminium Company (Nalco) recorded a 29 per cent spike in its net profit at Rs 1,732 crore for 2018-19 (FY19). Propelled largely by earnings from exports of surplus alumina, Nalco posted its best ever net profit in a decade.

In 2017-18, Nalco had more than doubled its net profit at Rs 1,342 crore. However, the record figure was surpassed in FY19 as Nalco scaled new highs in physical and financial performance.

In FY19, Nalco’s topline grew 21 per cent to reach Rs 11,386 crore. Its

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First Published: May 30 2019 | 9:08 PM IST

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