Friday, October 30, 2009

National Aluminium net dips 64 percent

State-run National Aluminium Co (NALCO) Friday said its net profit dipped 64.11 percent to Rs.159.49 crore for the quarter ended Sep 30 as compared to Rs.444.46 crore in the like quarter last fiscal.

The total income of the company also fell to Rs.1,319.27 crore for the quarter under review from Rs.1,654.5 crore a year earlier.

NALCO is Asia's largest integrated aluminium complex and is a major player in encompassing bauxite mining, alumina refining and smelting.

A Navratna enterprise, it also has interests in power generation, rail and port operations.
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