NALCO Q1 profit surges 88% to Rs 2,002 crore on higher prices, output

NALCO’s net profit surged 88% year-on-year to Rs 2,002.38 crore for the quarter ended June 2026, up from Rs 1,063.86 crore in the same period last year, the state-run company said on Thursday, July 31, 2026.

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

The company recorded 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 at 3.47 lakh tonnes.

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

The board recommended a final dividend of Re 1 per equity share, totalling about Rs 183.66 crore for FY 2025-26, pending shareholder approval.

NALCO’s Q1 FY27 earnings call is set for August 3 at 10:30 am, when management will lay out expectations for the rest of the year.

NALCO is administered by the Ministry of Mines and remains one of the largest bauxite-alumina-aluminium integrated complexes in Asia, with operations spread across mining, refinery and smelter sites in Odisha.

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.

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