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Corporate Results - Aluminium
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Nalco Q3 net shows decline

Bhubaneswar, Jan. 30

National Aluminium Company Ltd (Nalco), the country's largest manufacturer and exporter of alumina and aluminium, has achieved a net profit of Rs 329.44 crore in the third quarter ended December 2007. According to the unaudited financial results taken on record in the Board of Directors meeting held here on Tuesday, the company achieved a sales turnover of Rs 1,220.97 crore.

During the third quarter of the previous fiscal, the figures were up at Rs 572.6 crore and Rs 1,588.07 crore respectively, according to the company. The net profit and sales turnover for the 9 months ended December workout to Rs 1,215.83 crore and Rs 3,940.21 crore respectively, as against the corresponding figures of Rs 1,789.9 crore and Rs 4,791.54 crore achieved during the first 9 months of the previous fiscal. - Our Bureau

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