National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, has started FY26 on a strong note, with net profit climbing 77 per cent year-on-year to INR 1,064 crore in Q1 from INR 601 crore in Q1 FY25.
The earnings surge comes as India’s aluminium industry benefits from rising demand, cost efficiencies, and stronger export markets.
Revenue from operations rose 33 per cent to INR 3,806.94 crore from INR 2,856.10 crore, while total income increased to INR 3,930.45 crore from INR 2,916.62 crore. Profit before tax grew 75 per cent to INR 1,429.27 crore from INR 817 crore, and earnings per share rose to INR 5.70 from INR 3.20.
Also read: NALCO’s FY2025 net profit posts triple-digit growth, breaking all previous records
Sequentially, revenue fell 28 per cent from INR 5,267.83 crore in Q4 FY25, reflecting seasonal trends.
Operational gains were broad-based: bauxite transportation rose 6.56 per cent, alumina hydrate output surged 35.5 per cent, calcined alumina production jumped 52.25 per cent, and aluminium cast metal output was up 2.68 per cent year-on-year.
On the sales front, alumina exports surged 209 per cent, while domestic alumina sales leapt 190 per cent, pushing NALCO to its highest-ever domestic sales of both alumina and aluminium for a first quarter.
The company credited its performance to higher production volumes, cost-efficient operations, favourable market conditions, and improved techno-economic parameters. The Board has recommended a final dividend of INR 2.50 per share for FY 2024–25.
India, now the world’s fastest-growing major economy, is seeing aluminium demand expand by 9–10 per cent annually, with consumption projected to reach 7.5–8 million tonnes by 2030.
Growth in transportation, construction, and electrical sectors is set to sustain demand momentum creating a favourable environment for producers like NALCO to scale output and tap both domestic and export opportunities.
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