SteelMint

Author: Lalita

  • India: NALCO’s net profit up over nine-fold in FY’21

    India: NALCO’s net profit up over nine-fold in FY’21

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    Lalita
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    India’s leading aluminium producer NALCO has registered net profit at INR 1,299.56 crore in 2020-21, higher by a mammoth 840% y-o-y compared to INR 138.23 crore in the previous fiscal, according to reports. The astronomical rise in profits resulted from strong operational performance by its units coupled with an effective sales strategy and cost-saving measures.…