The Navratna PSU registers highest-ever income, EBITDA, PBT and PAT since inception; Declares interim dividend of Rs 826.48 crore

 

THEBUSINESSBYTES BUREAU

BHUBANESWAR/NEW DELHI, NOVEMBER 3, 2026

Navratna public sector undertaking (PSU) National Aluminium Company Limited (NALCO) has scripted a new chapter in its growth journey, posting its best-ever half-yearly financial performance since inception in the first half of FY 2026-27, with record-breaking figures across all major financial parameters.

The aluminium major reported a 54 per cent year-on-year Y-o-Y) surge in net profit to Rs 3,837 crore during the April-September period, compared with the corresponding period of the previous financial year, underscoring its robust operational performance and strong financial fundamentals.

The company's total income touched an all-time high of Rs 11,143 crore, registering an impressive 33 per cent growth over Rs 8,374 crore recorded in H1 of FY 2025-26. EBITDA surged 50 per cent to an unprecedented Rs 5,539 crore, while profit before tax (PBT) rose 55 per cent to Rs 5,160 crore. Profit after tax (PAT) also scaled a new high of Rs 3,837 crore, marking a 54 per cent increase over the year-ago period.

The strong growth momentum was equally evident in the second quarter of FY 2026-27, with NALCO registering a 28 per cent year-on-year increase in net profit to Rs 1,835 crore for the quarter ended September 2026, against Rs 1,433 crore in the corresponding quarter of the previous fiscal.

The company's total income from operations during Q2 stood at Rs 5,419 crore, reflecting a healthy 26 per cent growth over Rs 4,292 crore reported in the corresponding quarter of FY 2025-26.

The unaudited financial results were approved by the Board of Directors at its meeting held in New Delhi on November 2, 2026.

Complementing its stellar financial performance, NALCO also achieved significant milestones on the operational front. The company recorded its highest-ever half-yearly aluminium cast metal production of 2.35 lakh tonnes during H1 FY 2026-27. It also achieved its highest-ever cumulative domestic sales of alumina and aluminium metal during the period, reflecting strong production capabilities and effective market strategies.

Adding to the positive developments, the company announced an interim dividend of Rs 4.50 per equity share, representing 90 per cent of the face value of Rs 5 each. The dividend payout for FY 2026-27 will amount to Rs 826.48 crore, providing an additional return to shareholders.

Commenting on the impressive performance, NALCO Chairman-cum-Managing Director Brijendra Pratap Singh said the company's strong showing in Q2 and H1 FY 2026-27 was driven by enhanced operational efficiency, robust physical performance and favourable market conditions, complemented by prudent marketing strategies.

Highlighting the company's ambitious expansion roadmap, Singh said the fifth stream expansion of the alumina refinery was at an advanced stage of commissioning, while groundwork for the proposed 0.5 million tonnes per annum (MTPA) brownfield smelter expansion project at Anugola in Odisha was progressing steadily.

"As we continue to pursue key expansion projects and capacity augmentation plans, we remain confident of creating long-term value for all stakeholders while contributing to the nation's industrial growth," he said.

Singh also credited the company's sustained growth trajectory to the dedication and commitment of its employees, continuous improvements in operational excellence and the unwavering confidence of its stakeholders.

He expressed gratitude to the Union Mines Ministry, and the Odisha Government for their continued guidance and support in advancing NALCO's strategic objectives and expansion initiatives.

 With record financial results, unprecedented production and sales achievements, and major capacity augmentation projects moving forward, NALCO's H1 performance marks a significant milestone in its growth journey, reinforcing its position as a key player in India's aluminium industry.