NALCO declares record Rs 1,928.46 crore dividend for FY 2024-25, hands over Rs 988.88 crore to Government of India

THEBUSINESSBYTES BUREAU

BHUBANESWAR, NOVEMBER 12, 2025

National Aluminium Company Limited (NALCO), the Navratna Central Public Sector Enterprise under the Ministry of Mines, has declared a record dividend of Rs 1,928.46 crore for the financial year 2024–25. Of this, Rs 988.88 crore has been paid to the Government of India, marking the highest-ever dividend payout in the company’s history.

A cheque for Rs 988.88 crore was presented to G. Kishan Reddy, Union Minister of Coal and Mines, by NALCO’s Chairman and Managing Director, Brijendra Pratap Singh, at a ceremony held in New Delhi. The event was graced by Piyush Goyal, Secretary, Ministry of Mines, and senior officials from both NALCO and the Ministry, including Pankaj Kumar Sharma, Director (Production), and Abhay Kumar Behuria, Director (Finance).

Since commencing operations in 1987, NALCO has maintained a consistent record of profitability and has declared dividends every year since 1992. Cumulatively, the company has paid Rs 14,331 crore as dividends, with Rs 9,556 crore remitted to the Government of India, which holds a 51.28 per cent equity stake.

Building on its robust performance in FY 2024–25, NALCO also achieved exceptional financial and operational milestones in the first half of FY 2025–26. The company reported its best-ever quarterly and half-yearly results in Q2 FY 2025–26 and subsequently announced an interim dividend of Rs 4 per equity share (80 per cent on the face value of Rs 5 each), amounting to Rs 734.65 crore.