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

29 May 2024 CW Team

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.

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..