InvestorQ : Can you give me a quick picture of the quarterly numbers of Nalco Ltd?
vidhya Laxmi made post

Can you give me a quick picture of the quarterly numbers of Nalco Ltd?

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sarah Leo answered.
4 months ago
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NALCO, which is India’s major producer and exporter of alumina and aluminium, has managed to report a multi-fold jump in net profits to Rs.348 crore for the quarter ended Jun-21. For the quarter, the total revenues were up 79% at Rs.2,475 crore. NALCO was supported during the week by higher volumes, better price realisation and higher capacity utilisation, resulting in better than expected profits.

The aluminium vertical witnessed a sharp bounce in EBIT for the quarter, even though the chemicals business of bauxite and alumina saw much higher sales growth on a yoy basis. That is because of the consistent rally in metal prices on the LME, including aluminium. For the quarter ended June 2021, Nalco produced 1.761 MT of Bauxite, 0.521 MT of alumina and 0.114 MT of aluminium respectively.

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