The Odisha-headquartered Nalco said in a stock exchange filing that its total income was up 4% at Rs 1,874.36 crore during the quarter in question
The government holds 80.93 per cent stake in this company
As New Delhi tries to boost trade ties with Tehran after the lifting of sanctions
At NSE, shares of the company rose by 2.46% to close at Rs 41.55
Firm's production cost has fallen to $190 a tonne compared to global benchmark of $220-230 a tonne
The arrangement is a precursor to the company's proposal to set up greenfield smelter at Chabahar
In FY15, the company had declared a total dividend of Rs 451.02 crore.
The board will meet on April 22 to consider buyback of fully paid-up equity shares
Task force will consist of senior project executives of Nalco, Iranian Aluminium Company and officials from Iran's industries ministry
Govt will miss its divestment target in the 2015/16, for the sixth year in a row due to weak commodity prices
Nalco expects India to double its aluminium consumption to five million tonnes in the next four years