- Nine-month net profit jumps 26% to INR 4,098 crore
- Domestic aluminium sales highest-ever in Apr-Dec FY’26
National Aluminium Company Limited (NALCO), a Navratna central public sector enterprise under the Ministry of Mines, has reported its highest-ever quarterly and nine-month financial performance, driven by strong operational execution, favourable market conditions and effective cost management.
For the third quarter ended December 2025 (Q3 FY26), NALCO posted a record net profit of INR 1,601 crore, surpassing INR 1,583 crore recorded in the corresponding quarter of the previous year. Total income for the quarter stood at INR 4,925 crore, up from INR 4,761 crore in Q3 FY25, as per the reviewed financial results approved by the Board at its meeting held in Bhubaneswar.
During the nine months ended December 2025, the company reported a net profit of INR 4,098 crore and revenue from operations of INR 12,830 crore, compared with INR 3,246 crore and INR 11,520 crore, respectively, in the corresponding period of the previous fiscal. This marks a 26% year-on-year increase in net profit and an 11% growth in revenue, representing the highest-ever revenue from operations and Profit After Tax achieved by NALCO for both Q3 and the nine-month period of FY26.
Operational performance also remained robust. NALCO achieved its highest-ever production levels across key segments during April-December FY’26, including 56.6 lakh tonnes of bauxite, 17.27 lakh tonnes of alumina hydrate, and 3.54 lakh tonnes of aluminium cast metal, alongside record net power generation. The company also recorded its highest-ever sales of alumina and aluminium, including the highest domestic aluminium sales during the period.
Commenting on the results, Shri Brijendra Pratap Singh, CMD, NALCO, said the strong performance reflects the dedication of the workforce and the company’s continued focus on cost optimisation, margin management and quality enhancement. He highlighted that better metal realisations, higher production volumes in alumina and aluminium, and increased utilisation of captive coal significantly supported profitability. Looking ahead, he emphasised NALCO’s focus on timely completion of expansion projects, backed by Industry 4.0 initiatives, R&D, innovation and carbon reduction measures to ensure long-term sustainable growth.
The CMD also acknowledged the guidance and support of the Ministry of Mines, Government of India, and the continued cooperation of the Government of Odisha in enabling the company’s growth trajectory.
In addition, NALCO has announced a second interim dividend of INR 4.50 per share for the financial year 2025-26, further underscoring its strong financial position.
The company operates a 7.5 MTPA bauxite mine, a 2.1 MTPA alumina refinery, a 0.46 MTPA aluminium smelter, and a 1,200 MW captive power plant. Expansion plans are underway across key segments: the Pottangi Bauxite Mines, with a reserve of 111 million tonnes, will add 3.5 MTPA capacity and is expected to start operations by May 2026. The 5th stream of the Alumina Refinery, with a 1 MTPA capacity, is likely to be commissioned by June 2026, while the aluminium smelter expansion of 0.5 MTPA is projected for August 2030.
Additionally, the Utkal D & E coal block, with a capacity of 4 MTPA, will support a 1,080 MW captive power plant, expected to be commissioned by June 2031, meeting the power requirements of the expanding operations.
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