(AFP )
(AFP )

NALCO Q4 profit drops 9% to 234 crore

  • The standalone revenue from operations in the quarter declined to 2,766.2 crore, compared with 2,863.1 crore in the year-ago period
  • The company said that in the entire 2018-19, NALCO registered a net profit of 1,732 crore

NEW DELHI: National Aluminium Co Ltd (NALCO) on Thursday posted a 9.1% decline in standalone profit to 233.5 crore in the quarter ended March 31.

The company had posted a standalone profit of 257 crore in the year-ago period, the state-owned company said in a filing to the BSE.

The standalone revenue from operations in the quarter declined to 2,766.2 crore, compared with 2,863.1 crore in the year-ago period, the filing said.

In a statement, the company said that in the entire 2018-19, NALCO registered a net profit of 1,732 crore, a growth of 29% as compared with 1,342.19-crore net profit in the previous year.

"During the year ended March 2019, the net sales turnover was 11,386 crore, registering a growth of 21% over the previous year," the statement said. Nalco also ended the financial year 2018-19 on a strong performance in domestic sale.

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