Indian state-owned NALCO reports 415% net profit jump to ₹1,062 crore for Q3 2024.

The National Aluminium Company (NALCO), a state-owned Indian enterprise, reported a significant 415% increase in net profit to ₹1,062 crore for the quarter ending September 2024, up from ₹206 crore last year. This growth was fueled by a 32% rise in total income to ₹4,001 crore, driven by higher operational efficiency and aluminum prices. NALCO also declared an interim dividend of ₹4 per equity share.

November 13, 2024
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