Author: Drishya Yadav
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India: Nalco net profit plunges 83% y-o-y in FY22
National Aluminium Company Ltd (NALCO) reported a drop of nearly 80% in its net profit for the September quarter. Nalco on 9 Nov reported an 83.2% decline in consolidated profit at INR 125.43 crore, on the back of higher expenses and lower income. The company had posted a consolidated profit of INR 747.80 crore in…