Bhubaneswar, November 03: Navratna PSU National Aluminium Company Limited (NALCO) has announced a 28.04% year on year increase in standalone net profit to ₹183.5 crore for Q2 FY27 compared to ₹1433 crore during the same period last year. Revenue has subsequently increased to ₹11,143 crore, as against ₹8,374 crore recorded last year, a 33% growth. The company has announced an interim dividend of ₹4.5/share as a result.
The publicly owned aluminium producer has seen strong sales for the year, even as it reported its highest cast metal production of 2.35 lakh tonnes for the first half of FY2026-27. The company has been on a roll lately, showing stronger financial performance consistently as it looks to enhance production with state of the art technology as it rushes to meet demand.
Shri Brijendra Pratap Singh, CMD, NALCO, explained that the strong performance of the company during Q2 has come from strong operational efficiency, physical performance and favourable market conditions as the company has implemented strong marketing strategies.
“As we continue to pursue key expansion projects and capacity augmentation plans, we remain confident of creating long-term value for all stakeholders while contributing to the nation’s industrial growth,” Mr Singh said in a press release.
NALCO’s shares were trading at ₹322.05 on November 3 at 11 am. The shares have risen almost 35% in a year.
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