Nalco Q1 net profit soars to Rs 348 cr

National Aluminium Co Ltd (Nalco) on Friday reported a significant rise in consolidated profit at Rs 347.73 crore for the quarter ended on June 30, 2021. The company had reported a consolidated profit of Rs 16.69 crore in the year-ago period. The consolidated income of the company during the quarter increased to Rs 2,506.29 crore from Rs 1,413.92 crore in the year-ago period, Nalco said in a regulatory filing. Nalco is a Navratna CPSE under the Ministry of Mines. The company has integrated and diversified operations in mining, metal and power. The Centre holds 51.28 per cent equity of NALCO.

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Nalco Q1 consolidated net profit soars to Rs 348 cr; revenue up 77%