THEBUSINESSBYTES
BUREAU
BHUBANESWAR, JULY
31, 2026
National Aluminium Company Limited (NALCO), the Navratna CPSE
under the Ministry of Mines and one of India's leading producers and exporters
of alumina and aluminium, has kicked off FY27 on a robust note, reporting an 88
per cent year-on-year jump in consolidated net profit for the quarter ended
June 30, 2026 (Q1FY27), driven by higher production, record operational
performance, strong domestic alumina sales and a favourable global aluminium
price environment.
The company posted a net profit of ₹2,002.38
crore for the first quarter of FY27, compared with ₹1,063.86 crore in the
corresponding period last year. Revenue from operations also witnessed strong
momentum, rising 39 per
cent
year-on-year to ₹5,302.38 crore, underscoring the company's sustained focus on operational
efficiency, cost optimisation and value creation.
The financial results were approved by NALCO's Board of
Directors at its meeting held in New Delhi on Friday.
NALCO's operational performance during the quarter was
equally impressive, with the company setting multiple first-quarter production
and sales records. It achieved its highest-ever Q1 bauxite excavation of 19.52
lakh tonnes, highest-ever Q1 calcined alumina production of 5.77 lakh tonnes,
and highest-ever Q1 alumina/hydrate sales of 3.47 lakh tonnes, highlighting the
company's strong execution capabilities and improved asset utilisation.
Commenting on the performance, Brijendra Pratap Singh,
Chairman-cum-Managing Director, NALCO, attributed the company's impressive
results to the strategic guidance of the Board and the collective efforts of
employees and stakeholders.
"NALCO has commenced FY 2026–27 on a strong note,
reflecting the Company's operational resilience and prudent business strategy.
The robust performance during the first quarter was supported by a favourable
global aluminium price, higher production and sales volumes particularly
increased domestic alumina sales, and a conducive domestic business climate",
he said.
Singh also acknowledged the continued support of the Ministry
of Mines, Government of India, and the Government of Odisha in driving the
company's growth journey.
"As the Company moves forward, NALCO remains focused on
completion of ongoing expansion projects with thrust on further adding
capacities, enhancing operational efficiency, optimising resource utilization
along with R&D innovation for delivering sustained value for all our
stakeholders," he added.
Adding to the positive developments, the Board recommended a
final dividend of Re.1 per equity share (20 per cent on the face value of ₹5
each) for FY26, translating into a total payout of ₹183.66 crore, subject to
shareholders' approval at the company's forthcoming 45th Annual General
Meeting.
The record-breaking operational achievements,
coupled with strong financial performance and a healthy dividend
recommendation, reinforce NALCO's position as one of India's best-performing
public sector metal companies.
