NALCO Q1 net profit climbs 88% to Rs 2,002 crore, revenue up 39%

NALCO’s net profit climbed 88% year-on-year to Rs 2,002.38 crore for the June quarter of FY27, up from Rs 1,063.86 crore a year earlier, the state-run company said on Thursday, July 31, 2026.

Revenue from operations rose 39% year-on-year to Rs 5,302.38 crore, driven by favourable global aluminium prices and higher production and sales volumes, particularly domestic alumina sales.

The company posted its highest-ever first-quarter bauxite excavation at 19.52 lakh tonnes and highest-ever first-quarter calcined alumina production at 5.77 lakh tonnes, with alumina and hydrate sales of 3.47 lakh tonnes.

Chairman Brijendra Pratap Singh said the company had ‘commenced FY 2026-27 on a strong note, reflecting the company’s operational resilience and prudent business strategy,’ citing favourable prices and higher volumes.

A final dividend of Re 1 per equity share was recommended by the board, worth around Rs 183.66 crore for FY 2025-26, subject to shareholder approval.

NALCO’s Q1 FY27 earnings conference call is scheduled for August 3 at 10:30 am to discuss the outlook for the year ahead.

The company’s shares are traded on both the BSE and NSE, and quarterly results such as these are closely tracked by investors in India’s public sector commodity space.

NALCO’s board also recommended a final dividend of Re 1 per equity share, or 20% of face value, amounting to about Rs 183.66 crore for FY 2025-26, subject to shareholder approval.

The company operates bauxite mines, an alumina refinery and an aluminium smelter across Odisha, making it one of India’s largest integrated aluminium producers and a major public sector undertaking under the Ministry of Mines.

NALCO plans to hold its Q1 FY27 earnings conference call on August 3 at 10:30 am, where management is expected to discuss the outlook for the rest of the financial year.

Global aluminium prices have been on an upswing through the first half of 2026, benefiting integrated producers like NALCO that combine mining, refining and smelting operations under one roof.

Photo by Lafrance, Wikimedia Commons, CC BY-SA 3.0