Bhubaneswar : National Aluminium Company Limited (NALCO), the Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Mines, Government of India, has delivered an exceptional start to Financial Year 2026–27, reporting a remarkable 88% year-on-year increase in net profit while setting multiple operational records during the first quarter.
The company’s Board of Directors, at its meeting held in New Delhi, approved the financial results for the quarter ended June 30, 2026, reflecting strong operational efficiency, favorable market conditions, and sustained business growth.
Net Profit Jumps 88%
According to the approved financial results, NALCO’s net profit soared to ₹2,002.38 crore, compared to ₹1,063.86 crore recorded during the corresponding quarter of the previous financial year.
The outstanding financial performance was driven by higher production, increased sales volumes, improved domestic alumina sales, and favorable international aluminium prices.
Revenue Grows by 39%
The company also reported significant growth in its operational revenue.
Revenue from operations increased by 39%, reaching ₹5,302.38 crore during the first quarter of FY27, compared to the same period last year.
The strong revenue growth highlights the company’s continued ability to capitalize on favorable market conditions while maintaining operational excellence across its mining, refining, and metal production businesses.
Board Recommends Final Dividend
In addition to approving the quarterly financial results, NALCO’s Board of Directors recommended a final dividend of Re. 1 per equity share, representing 20% of the face value of ₹5 per share, for the Financial Year 2025–26.
The proposed dividend amounts to approximately ₹183.66 crore and will be subject to the approval of shareholders at the company’s 45th Annual General Meeting (AGM).
CMD Highlights Operational Strength
Commenting on the company’s impressive first-quarter performance, Shri Brijendra Pratap Singh, Chairman-cum-Managing Director (CMD), NALCO, credited the achievement to the strategic guidance of the Board of Directors and the dedication of the company’s employees, business partners, and stakeholders.
He stated that NALCO has entered FY 2026–27 with strong momentum, supported by:
- Operational resilience
- Prudent business strategies
- Higher production volumes
- Increased domestic alumina sales
- Favorable global aluminium prices
- A positive domestic business environment
According to the CMD, these factors collectively contributed to the company’s robust financial and operational performance during the first quarter.
Support from Government
Shri Singh acknowledged the continued guidance and support received from the Ministry of Mines, Government of India, as well as the Government of Odisha, in helping the company achieve sustained business excellence.
He reaffirmed that NALCO remains committed to:
- Completing ongoing expansion projects
- Enhancing production capacities
- Improving operational efficiency
- Optimizing resource utilization
- Promoting research and development (R&D)
- Delivering long-term value to stakeholders
Record Operational Performance
Apart from its impressive financial results, NALCO also established several new first-quarter production and sales records.
During Q1 FY27, the company achieved:
- Highest-ever Q1 Bauxite Excavation: 19.52 lakh tonnes
- Highest-ever Q1 Calcined Alumina Production: 5.77 lakh tonnes
- Highest-ever Q1 Alumina/Hydrate Sales: 3.47 lakh tonnes
These operational milestones reflect the company’s strong mining capabilities, efficient refining operations, and growing market demand for its products.
Growth Driven by Operational Excellence
NALCO attributed its strong quarterly performance to its continued emphasis on:
- Operational excellence
- Efficient resource management
- Financial discipline
- Higher production efficiency
- Strong domestic and international demand
- Strategic value creation
The company believes these strengths will continue to support sustainable growth in the coming quarters despite evolving global market conditions.
Key Highlights
- Net Profit increased 88% to ₹2,002.38 crore in Q1 FY27.
- Revenue from Operations grew 39% to ₹5,302.38 crore.
- Board recommended a final dividend of Re.1 per equity share (20% on face value), amounting to ₹183.66 crore, subject to shareholder approval.
- Achieved highest-ever Q1 bauxite excavation of 19.52 lakh tonnes.
- Recorded highest-ever Q1 calcined alumina production of 5.77 lakh tonnes.
- Registered highest-ever Q1 alumina/hydrate sales of 3.47 lakh tonnes.
- Growth was supported by higher production, strong domestic alumina sales, favorable global aluminium prices, and efficient business operations.
With record-breaking production, robust financial growth, and a strong focus on expansion and operational efficiency, NALCO has started FY27 on a highly positive note. The company’s performance reinforces its position as one of India’s leading alumina and aluminium producers and reflects its continued commitment to sustainable growth, shareholder value creation, and supporting the nation’s industrial development.
