National Aluminium Company (Nalco) has reported results for third quarter ended December 31, 2015.
The company has reported 62.34% fall in its net profit at Rs 133.49 crore for the quarter ended December 31, 2015 as compared to Rs 354.47 crore for the same quarter in the previous year. The company’s total income has decreased by 14.50% to Rs 1759.28 crore for the quarter under review from Rs 2057.61 crore for the corresponding quarter of the previous year.
Nalco has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.