National Aluminium Company (Nalco) has achieved remarkable growth in production in all fronts. During the quarter, bauxite production was 18.81 lakh tonnes, thereby registering 10.4 per cent growth over 17.04 lakh tonnes produced in the corresponding period of previous year.
Alumina hydrate production was 5.26 lakh tonnes, which is 0.4 per cent higher as compared to 5.24 lakh tonnes produced during the corresponding period of last fiscal. During the quarter, the company produced 1,00,695 tonnes of aluminium, which is 6.6 per cent higher than 94,496 tonnes produced in the 1 st quarter of previous financial year. The net power generated during the quarter was 1599 million units. This has gone up by 7.4 per cent, against 1489 million units generated in the corresponding period of last year. Besides, in the field of renewable energy, the company has generated 88 million units of wind power during these three months.
The total alumina sale during the quarter was 2.59 lakh tonnes and aluminium sale was 88,752 tonnes.
Nalco’s operating profit is up by 45 per cent compared to the same period of previous year. Also, the company has registered a net profit of Rs129 crore compared to Rs. 135 crore during the corresponding period of previous fiscal.
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