
National Aluminium Company Limited (NALCO) aims to raise its net profit to more than INR 2,000 crore by 2020 and INR2,500 crore in next three years, said Tapan Kumar Chand, CMD NALCO, while inaugurating the 2 day long 5th National management conference (NamCon-2019) on “Weatherproof organization: Challenging the Challenge” here at Asian School of Business Management.

“With the business model in place, the company doubled its net profit from INR669 crore in FY 2016-17 to INR1342 crore in FY 2017-18. Now the company is all set to scale higher on financial front and envisages achieving a net profit of more than INR 2000 crore by 2020 and INR2500 crore in the next three years”
“Besides, to retain business excellence, the company has consistently been working on with focus on sustainability through innovation, adoption of new technology, lower production cost and nurturing its human resources.”
He believes achievements give motivation and purpose gives objectivity to any organization but to remain sustainable and successful, business organizations need to have insulation from detrimental effects of business environment.
“One must remain well aware in advance of the changes in technology, statutory regulations and preferences of the customers.”
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