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NALCO Reports Results for 2019-20

Metal News - Published on Wed, 01 Jul 2020

Image Source: NALCO
National Aluminium Company Limited has posted a Net Profit of INR 138.23 crore for FY19-20. During the year, the company has achieved net turnover of inr 8426 crore, which has been adversely impacted by about INR 2900 crore due to fall in global metal prices. The export turnover of the company for the fiscal was INR 3511 crore.

Bauxite production of 73.02 lakh MT in mines and 21.61 lakh MT of Alumina Hydrate in alumina refinery, have been the highest-ever since company’s inception. Both Mines & Refinery of NALCO has been performing beyond its installed capacities. The company also produced 4.18 lakh MT of Aluminium metal in FY19-20.

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Posted By : Yogender Pancholi on Wed, 01 Jul 2020
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