National Aluminium Company Ltd (Nalco) announced a 49.3% rise in consolidated profit to Rs 187.35 crore for the September quarter on Thursday. Nalco reported a consolidated profit of Rs 125.43 crore in the previous fiscal year, said the company in a BSE filing.
However, the company’s consolidated income fell to Rs 3,112.02 crore in the July-September quarter, down from Rs 3,558.85 crore the previous year.
NALCO is the country’s largest integrated Bauxite-Alumina-Aluminium-Power Complex. Currently, the Government of India owns 51.28% of the paid-up equity capital.
At around 1.29 PM, NALCO was trading 1.66% higher at Rs 91.90, against the previous close of Rs 90.40 on NSE. The counter touched an intraday high and low of Rs 91.95 and Rs 90, respectively.
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