NALCO Q3 Results | Net profit zooms 3x to ₹1,566 crore, margin doubles; declares dividend – CNBC TV18

NALCO Q3 Results | Net profit zooms 3x to ₹1,566 crore, margin doubles; declares dividend – CNBC TV18

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State-owned National Aluminium Company Ltd (NALCO) on Monday (February 10) reported a 232.83% year-on-year (YoY) jump in net profit at ₹1,566.3 crore for the third quarter, compared to a net profit of ₹470.6 crore in Q3 FY24.

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Revenue from operations jumped 39.3% to ₹4,662.2 crore against ₹3,347.6 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA zoomed 200.89% to ₹2,327.6 crore in the third quarter of this fiscal over ₹773.8 crore in the corresponding period in the previous fiscal.

Also Read: Sansera Engineering Q3 Results | Net rises 16% to ₹56 crore on higher margin, revenue

The EBITDA margin expanded to 49.9% from 23.1% in the corresponding period of the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation.

The board of directors has approved the payment of the second interim dividend of 4 per share (80% on face value of 5 each) on the paid‐up equity share capital of 918.32 crore for FY2024‐25.

The company has fixed Friday, February 14, as the record date and the dividend will be paid on or before March 10.

Also Read: ESAF SFB Q3 Results | Thissur bank in the red, NII drops 18%, provisions surge

The results came after the close of the market hours. Shares of National Aluminium Company Ltd ended at ₹190.95, down by ₹9.70, or 4.83%, on the BSE.

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