Q1FY21 results: NALCO’s net profit declines by 83% YoY; Revenue down by 34%
National Aluminium Company Limited (NALCO) has announced its June quarter results. The company reported net profit of INR 16.63 crore in Q1FY21, a decline of 82.99% from INR 97.78 crore in Q1FY20. The net profit margin stood at 1.2%, down 3.49% YoY.
Revenue of National Aluminium Company Limited stood at INR 1,380.63 crore in Q1FY21. That was down by 33.75% from INR2,084.08 crore last year.
EBITDA came in at INR 129.07 crore in Q1FY21. This marked a decrease of 39.79% YoY. The company had recorded EBITDA of INR 214.36 crore last year. EBITDA margin came in at 9.35%, down 0.94% YoY.
Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com
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