Nalco registers 831 crore net profit

The National Aluminium Company Limited (Nalco) has registered nearly a 3.5-fold increase in net profit to clock Rs 831 crore in Q3 of financial year 2022, a jump of 246% compared to Rs 240 crore in the same period previous year.

The company has also broken the highest profit figure clocked since its inception for the first nine-month period, with net profit of Rs 1,926 crore for the period ending on December 2021, a five-fold increase and a substantial jump of 429% over Rs 364 crore posted in corresponding period last year. The total revenue from operations in Q3 of FY22 witnessed a substantial Growth, a profit of Rs 3,773 crore compared to Rs 2,379 crore in Q3 of FY21.