National Aluminium Company or Nalco reported robust quarterly results for the Dec-21 quarter. Net profits of NALCO surged more than 3-fold to Rs.830.67 crore even as the quarterly total sales for the Dec-21 quarter came in at Rs.3,845 crore. Sales were up 59% yoy on improved volumes and pricing power. NALCO also declared a final dividend of Rs.1 per share taking total dividend to Rs.3.50 per share. Volumes and metal prices were robust.
National Aluminium Company or Nalco reported robust quarterly results for the Dec-21 quarter. Net profits of NALCO surged more than 3-fold to Rs.830.67 crore even as the quarterly total sales for the Dec-21 quarter came in at Rs.3,845 crore. Sales were up 59% yoy on improved volumes and pricing power. NALCO also declared a final dividend of Rs.1 per share taking total dividend to Rs.3.50 per share. Volumes and metal prices were robust.