Nalco Surpasses Market Expectations with Rs.2,060 Crore Profit
ECONOMY & POLICY

Nalco Surpasses Market Expectations with Rs.2,060 Crore Profit

National Aluminium Company Limited (Nalco) has achieved remarkable success in the fiscal year 2024, as evidenced by its latest financial report. With a profit of ?2,060 crore, Nalco has exceeded market forecasts by a substantial margin, marking a notable 34% increase compared to previous figures. This stellar performance underscores Nalco's robust business strategies and resilience in navigating market challenges.

Nalco's success story is attributed to several key factors, including efficient operational management, strategic investments, and a focus on innovation and sustainability. By leveraging its strengths in the aluminium sector, Nalco has not only secured its position as a frontrunner in the industry but has also demonstrated its ability to adapt and thrive in dynamic market conditions.

The significant profit surge reflects Nalco's commitment to driving growth and creating value for its stakeholders. As a key player in India's industrial landscape, Nalco plays a pivotal role in contributing to the country's economic development and fostering industrial progress. Its robust financial performance is a testament to its dedication to excellence and its ability to deliver results even in challenging times.

Looking ahead, Nalco remains poised for continued success, with plans for further expansion and diversification. By capitalising on emerging opportunities and embracing innovation, Nalco aims to sustain its growth trajectory and deliver sustainable value to its shareholders and the wider community.

In conclusion, Nalco's impressive performance in FY24 underscores its resilience, adaptability, and commitment to excellence. As it continues to chart new territories and pursue growth avenues, Nalco remains a beacon of success in India's industrial landscape.

National Aluminium Company Limited (Nalco) has achieved remarkable success in the fiscal year 2024, as evidenced by its latest financial report. With a profit of ?2,060 crore, Nalco has exceeded market forecasts by a substantial margin, marking a notable 34% increase compared to previous figures. This stellar performance underscores Nalco's robust business strategies and resilience in navigating market challenges. Nalco's success story is attributed to several key factors, including efficient operational management, strategic investments, and a focus on innovation and sustainability. By leveraging its strengths in the aluminium sector, Nalco has not only secured its position as a frontrunner in the industry but has also demonstrated its ability to adapt and thrive in dynamic market conditions. The significant profit surge reflects Nalco's commitment to driving growth and creating value for its stakeholders. As a key player in India's industrial landscape, Nalco plays a pivotal role in contributing to the country's economic development and fostering industrial progress. Its robust financial performance is a testament to its dedication to excellence and its ability to deliver results even in challenging times. Looking ahead, Nalco remains poised for continued success, with plans for further expansion and diversification. By capitalising on emerging opportunities and embracing innovation, Nalco aims to sustain its growth trajectory and deliver sustainable value to its shareholders and the wider community. In conclusion, Nalco's impressive performance in FY24 underscores its resilience, adaptability, and commitment to excellence. As it continues to chart new territories and pursue growth avenues, Nalco remains a beacon of success in India's industrial landscape.

Next Story
Infrastructure Energy

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

Next Story
Infrastructure Energy

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

Next Story
Infrastructure Transport

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?