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.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..