Alumina and aluminium are two products that NALCO manufactures and sells. The company produces metallurgical grade alumina at the lowest cost and bauxite at the lowest cost in the globe.
Financial Results:
National Aluminium Company Limited’s revenue in Q3FY23 fell 13% to ₹ 3,290 crores. Consolidated Profit After Tax came at ₹ 256 crores in Q3FY23 showcasing a 69% fall on an YoY basis. In this quarter’s results, the reports suggested that the firm has reported decreased profits due to a fall in revenues coupled with an increase in expenses.
While recording a strong increase in production, the company said that reduced alumina sales volume during the quarter, higher input prices, and a volatile and tough global business environment had a negative impact on profit margins.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,