Q3 FY21 Profit: NALCO 123% jump in net profit in the 3rd quarter
The profit for quarter third for FY 2021 of Rs. 236.81 crores, a jump of 123 percent.
Bhubaneswar, Odisha: National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, GoI with integrated operations like bauxite mining, alumina refining, aluminum smelting & power generation, showed the profit for quarter third for FY 2021 of Rs. 236.81 crores, a jump of 123 percent.
NALCO registered a whopping jump in net profit and its feat is an indicator of economic activities in the nation, signaling a recovery in India's industrial capabilities post-Covid.
NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for the export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep ports. In FY 2021 quarter the second NALCO registered 107.445 crores.
The company, since its inception, has marched ahead with sustainable growth, perpetual profits while exhibiting deep empathetic concern for society.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
