Business

Nalco registers net profit of Rs 831 cr in Q3 of FY 2021-22

PNS

National Aluminium Company Limited (NALCO), one of India's largest integrated manufacturer and exporter of alumina and aluminium, has surpassed several milestones in its journey of business excellence in Q3 of financial year 2021-22. The Company registerednearly 3.5-fold increase in Net profit to clock Rs 831 cr in Q3 of FY22, a jump of 246%compared to Rs. 240 crore in Q3 of FY21.

The Company has also broken the highest profit figure clocked since inception for the first nine month period, with Net profit of Rs. 1,926 crore for the period ending Dec 2021, a 5-fold increase and a substantial jump of 429% over 364 Cr posted in corresponding period of previous fiscal.