BlogFinancingNational Aluminium Company Limited

National Aluminium Company Limited

National Aluminium Company Limited (NALCO), is a government owned company having integrated and diversified operations in mining, metal, and power under the ownership of Ministry of Mines, Government of India. Government of India holds a 51.5% equity in NALCO.It is one of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in the country encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail, and port operations.The Company is the lowest-cost producer of metallurgical grade alumina in the World and lowest-cost producer of Bauxite in the world as per Wood McKenzie report.NALCO has developed four mobile apps for better functioning: Nisarg – Nalco initiatives for social awareness and responsible growth, Naginaa – Nalco grahak information and networking app for all, Namasya – Nalco micro and small enterprise yogayog application, Hamesha Nalconian – app for the retired employees of NALCO.As a responsible corporate citizen, the Company is harnessing renewable energy aligning to the ambitious programmes of Govt. of India. The Company has already commissioned 198 MW wind power plants and further 50 MW wind power plants are in pipeline, making it the highest producer of renewable energy among PSUs.For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 2874.47 Crore, up 19.03% from last quarter Total Income of Rs 2414.95 Crore and up 40.74% from last year same quarter Total Income of Rs 2042.27 Crore. Company has reported net profit after tax of Rs 935.74 Crore in latest quarter. The result of is NALCO exhilarating.



Leave a Reply

Your email address will not be published. Required fields are marked *

Ready to secure your finance?

Don’t let uncertainty hold you back. Take control of your financial future today. Contact CSA Advisor and discover the power of expert guidance and tailored investment strategies. Our dedicated team is eager to assist you in achieving your financial goals. Reach out to us now to schedule a consultation or to learn more about how we can help you.

CIN: U65929HR2022PTC100418
AMFI Registration Number (ARN): 270300

Location

Corporate Office: 25A, Tower B2, Spaze I-Tech Park, Sector 49, Sohna Road, Gurgaon, Haryana, India: 122018

© 2024 · MIT SoftWorks · CSA Advisor

Open chat
Hello!
How can we help you?