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AlphaStreet Analysis

National Aluminium Limited Q3FY23; 69% Fall in Profits

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.

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