NALCO Reports 415% Surge in Q2 Profit

14 Nov 2024 , 11:26 PM

On November 13, 2014, National Aluminium Company Limited, released it’s Q2 results. National Aluminium Company Limited reported net profit which stands at ₹1062 Crore for the second quarter, which is reported to be 415% surge of year-on-year. In the corresponding quarter of the previous financial year, National Aluminium Company Limited reported a net profit of ₹206.3 Crore. The company released these data in the regulatory filing.

The company’s revenue from operation reported a profit of ₹4001.5 Crore in the corresponding quarter of the previous financial year. The EBIDTA margin recorder a strong 38.7% surge in the September quarter of this financial year. whereas it was only 13% in the previous year’s quarter result.

Additionally NALCO board of directors has approved the interim dividend. The face value stands at ₹4 per equity share. November 29, 2024 is set as the record date for the payment of the dividend to its eligible shareholders. In the NSE, NALCO shares close at ₹219 on November 14, 2024. This is a 0.0045% gain than the previous close.