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NALCO Q1 Profit Jumps 77 Per Cent To Rs 10.64 Billion
ECONOMY & POLICY

NALCO Q1 Profit Jumps 77 Per Cent To Rs 10.64 Billion

National Aluminium Company Limited (NALCO) reported a 77 per cent rise in standalone net profit to Rs 10.64 billion in Q1 FY26, compared with Rs 6.01 billion in the same quarter last year. Revenue from operations stood at Rs 38.07 billion, supported by record domestic sales of alumina and aluminium alongside robust export growth.
Addressing the media, Chairman and Managing Director Brijendra Pratap Singh said the recent US tariff hike would have “no impact” on the company’s business. Instead, NALCO is focusing on the UK market, where zero duty provides an opportunity to expand, particularly in electric vehicle and solar panel manufacturing sectors which are heavy aluminium users.
Singh announced that the company plans to operationalise its Pottangi bauxite mines in Odisha’s Koraput district by June next year. Spread over 698 hectares, the block has reserves of 111 million tonnes and an annual production capacity of 3.5 million tonnes. NALCO will invest Rs 19.61 billion to operationalise the mine.
Currently, NALCO operates the Panchpatmali bauxite mines (7.5 MTPA), which supply its 2.1 MTPA alumina refinery at Damanjodi and 0.46 MTPA aluminium smelter supported by a 1,200 MW captive power plant at Angul.
Looking ahead, Singh highlighted a Rs 346 billion expansion plan to be completed by 2030. This includes:
  • Rs 56 billion for a fifth alumina refinery stream of 1 MTPA at Damanjodi.
  • Over Rs 170 billion for expanding the Angul aluminium smelter by 0.5 MTPA.
  • Around Rs 120 billion for a new 1,080 MW captive power plant.
The detailed project report (DPR) for these expansions will be prepared by Q3 FY26 before being placed for board approval.
With India’s aluminium consumption projected to reach 7.5–8 MTPA by 2030, Singh said NALCO is well positioned to meet demand growth and strengthen its role as a global aluminium sector leader.

National Aluminium Company Limited (NALCO) reported a 77 per cent rise in standalone net profit to Rs 10.64 billion in Q1 FY26, compared with Rs 6.01 billion in the same quarter last year. Revenue from operations stood at Rs 38.07 billion, supported by record domestic sales of alumina and aluminium alongside robust export growth.Addressing the media, Chairman and Managing Director Brijendra Pratap Singh said the recent US tariff hike would have “no impact” on the company’s business. Instead, NALCO is focusing on the UK market, where zero duty provides an opportunity to expand, particularly in electric vehicle and solar panel manufacturing sectors which are heavy aluminium users.Singh announced that the company plans to operationalise its Pottangi bauxite mines in Odisha’s Koraput district by June next year. Spread over 698 hectares, the block has reserves of 111 million tonnes and an annual production capacity of 3.5 million tonnes. NALCO will invest Rs 19.61 billion to operationalise the mine.Currently, NALCO operates the Panchpatmali bauxite mines (7.5 MTPA), which supply its 2.1 MTPA alumina refinery at Damanjodi and 0.46 MTPA aluminium smelter supported by a 1,200 MW captive power plant at Angul.Looking ahead, Singh highlighted a Rs 346 billion expansion plan to be completed by 2030. This includes:Rs 56 billion for a fifth alumina refinery stream of 1 MTPA at Damanjodi.Over Rs 170 billion for expanding the Angul aluminium smelter by 0.5 MTPA.Around Rs 120 billion for a new 1,080 MW captive power plant.The detailed project report (DPR) for these expansions will be prepared by Q3 FY26 before being placed for board approval.With India’s aluminium consumption projected to reach 7.5–8 MTPA by 2030, Singh said NALCO is well positioned to meet demand growth and strengthen its role as a global aluminium sector leader. 

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