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NALCO Q1 net profit rises 88% to Rs 2,002 crore on record production

NALCO Q1 net profit rises 88% to Rs 2,002 crore on record production

State-owned NALCO reported an 88% jump in net profit for the June quarter of FY27, to Rs 2,002.38 crore from Rs 1,063.86 crore a year earlier, the company said on Thursday, July 31, 2026.

Revenue from operations grew 39% year-on-year to Rs 5,302.38 crore, helped by favourable global aluminium prices and higher production and sales volumes, particularly in domestic alumina sales.

NALCO posted its highest-ever first-quarter bauxite excavation at 19.52 lakh tonnes and highest-ever first-quarter calcined alumina production at 5.77 lakh tonnes, while alumina and hydrate sales came in at 3.47 lakh tonnes.

Chairman Brijendra Pratap Singh said the company had ‘commenced FY 2026-27 on a strong note, reflecting the company’s operational resilience and prudent business strategy,’ citing favourable prices and higher volumes as key factors.

A final dividend of Re 1 per equity share was recommended, amounting to around Rs 183.66 crore for FY 2025-26, subject to shareholder approval.

The company’s Q1 FY27 earnings call is scheduled for August 3 at 10:30 am to discuss the outlook for the rest of the financial year.

Global aluminium prices have been on an upswing through the first half of 2026, benefiting integrated producers like NALCO that combine mining, refining and smelting operations under one roof.

NALCO is administered by the Ministry of Mines and remains one of the largest bauxite-alumina-aluminium integrated complexes in Asia, with operations spread across mining, refinery and smelter sites in Odisha.

The company’s shares are traded on both the BSE and NSE, and quarterly results such as these are closely tracked by investors in India’s public sector commodity space.

NALCO’s board also recommended a final dividend of Re 1 per equity share, or 20% of face value, amounting to about Rs 183.66 crore for FY 2025-26, subject to shareholder approval.

The company operates bauxite mines, an alumina refinery and an aluminium smelter across Odisha, making it one of India’s largest integrated aluminium producers and a major public sector undertaking under the Ministry of Mines.

Photo by Lafrance, Wikimedia Commons, CC BY-SA 3.0

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