The Business Bytes
THEBUSINESSBYTES BUREAU
BHUBANESWAR, MAY 22, 2025
National Aluminium Company Limited (NALCO), the Navratna CPSE under the Ministry of Mines, Government of India, has announced its best-ever financial performance, marking a significant milestone in its journey of operational excellence and strategic growth. For the financial year 2024–25, the company reported a record net profit of ₹5,325 crore, reflecting a robust 158% year-on-year increase. In addition, NALCO achieved its highest-ever revenue from operations at ₹16,788 crore, reinforcing its position as a leading player in the global aluminium industry.
Addressing employees following the announcement of the audited financial results, Brijendra Pratap Singh, Chairman-cum-Managing Director of NALCO, extended heartfelt congratulations to the NALCO collective. He emphasized that this historic performance is a testament to cohesive teamwork, sound financial management, and unwavering commitment to the company’s strategic vision. “This achievement is a moment of pride not just for NALCO, but for every employee, stakeholder, the Ministry of Mines, and the state of Odisha,” he said.
Singh also outlined NALCO’s roadmap for long-term, sustainable growth, reiterating that while the current year’s success was aided by favourable alumina and aluminium prices, the company’s future lies in maintaining operational agility and high-performance delivery. He highlighted several strategic expansion projects that are poised to drive the company’s next growth phase. These include the 5th stream expansion of the Alumina Refinery at Damanjodi, the operationalization of the Pottangi Bauxite Mines, and the proposed expansion of the Smelter Plant and Captive Power Plant at Angul. According to Shri Singh, these initiatives will not only enhance NALCO’s production capacity but also strengthen its resilience and leadership in the global aluminium sector.
The celebration of this milestone was attended by NALCO’s senior leadership, including Sadashiv Samantaray, Director (Commercial), Pankaj Kumar Sharma, Director (Production), Jagdish Arora, Director (Projects & Technical), Dr. Tapas Kumar Pattanayak, Director (HR), and Pranab Jyoti Nath, Chief Vigilance Officer. All executives acknowledged the collective effort behind this achievement and praised the NALCO team for maintaining a strong competitive edge in both performance and productivity.
With a record-breaking financial year now behind it and a clear focus on strategic project execution, NALCO is well-positioned to capitalize on the growing global demand for aluminium.
