Nalco records highest ever turnover for 2012-13 fiscal

National Aluminium Company (Nalco) has reported record sales of over Rs 7,200 crore and foreign exchange earnings of Rs 3,400 crore for 2012-13 fiscal. The company earlier in 2011-12 had recorded net sales of Rs 6,500 crore and an export turnover of Rs 2,569 crore. The company has achieved the highest-ever production of bauxite at 54.19 lakh tonnes (LT) against the previous best of 50.03 LT achieved in previous fiscal. This highest-ever production was despite delay in renewal of mining lease.

Simultaneously, the company’s Alumina Refinery has produced 18.02 LT of alumina hydrate, which is an all-time record against the previous best of 16.87 LT achieved in 2011-12. The metal production of the company however slumped marginally from 4.13 LT to 4.03 LT during the year. This was due to planned shutdown of pot shells of the smelter. Besides, during the fiscal the net power generation by the company’s Captive Power Plant was 6,076 million units.

Further, the company sold 983,191 tonnes of alumina hydrate against 842,396 tonnes in 2011-12. Aluminium export by the company also increased to 144,161 tonnes this year from 98,399 tonnes achieved in the last financial year.