NALCO posts record Q2 and H1 results in FY 2025–26

Net profit rises 35% in Q2 to Rs 1,433 crore; highest-ever alumina sales and production recorded

By Sukant Mohanty

Bhubaneswar, Nov. 8: Navratna Central Public Sector Enterprise (CPSE) National Aluminium Company Limited (NALCO), under the Union ministry of mines, has reported its best-ever quarterly and half-yearly performance in both physical and financial terms for FY 2025–26.

For the quarter ended September 2025, NALCO posted a 35 per cent year-on-year growth in net profit at Rs 1,433 crore, compared to Rs 1,062 crore in the corresponding period last year. Total income from operations during the quarter stood at Rs 4,292 crore, marking a 7.2 per cent increase over Q2 of FY 2024–25.

In the first half (H1) of FY 2025–26, the company’s net profit surged by 50.15 per cent to Rs 2,497 crore, as against Rs 1,663 crore in the same period of the previous year.

On the production front, NALCO achieved its highest-ever output of Alumina Hydrate, Calcined Alumina, and Aluminium Cast Metal. Alumina Hydrate production stood at 11.53 lakh MT, while Aluminium Cast Metal output reached 2.34 lakh MT during H1 FY 2025–26. The company also registered a record-high Alumina sales volume of 6.99 lakh MT, surpassing its previous best of 6.56 lakh MT achieved in FY 2013–14. Domestic metal sales, too, touched an all-time high of 2.26 lakh MT during the period.

The Board of Directors, in its meeting held in Bhubaneswar on Friday, also declared an interim dividend of Rs 4 per equity share (80 per cent on a face value of Rs 5 each), amounting to Rs 734.65 crore for FY 2025–26.

NALCO attributed its strong results to enhanced operational efficiency, cost optimisation, and favourable market conditions, including a recovery in international aluminium prices and sustained domestic demand from infrastructure and automotive sectors.

Commenting on the results, Brijendra Pratap Singh, NALCO’s chairman-cum-managing director, said: “These results reflect the hard work and resilience of Team NALCO. We have achieved operational excellence and cost efficiency despite market volatility. Going forward, our focus will remain on value addition, sustainability, and capacity expansion to ensure long-term growth and value creation.”