NALCO Reports Record Q2 & H1 FY26 Performance

National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has reported its best-ever quarterly and half-yearly physical and financial performance in FY 2025–26.

For the quarter ended September 2025 (Q2 FY26), NALCO’s net profit surged 35 per cent year-on-year to Rs 14.33 billion, compared to Rs 10.62 billion in the same period last year. The company’s total income from operations rose 7.2 per cent to Rs 42.92 billion, reflecting robust operational performance and supportive market conditions.

For the first half of FY26, NALCO’s net profit jumped 50.15 per cent to Rs 24.97 billion, up from Rs 16.63 billion in H1 FY25 — marking its highest-ever first-half performance.

On the production front, NALCO achieved record output across key segments:

• Alumina Hydrate: 11.53 lakh MT (highest ever)
• Aluminium Cast Metal: 2.34 lakh MT (highest ever)
• Alumina Sales: 6.99 lakh MT (highest ever, surpassing FY 2013–14 record)
• Domestic Metal Sales: 2.26 lakh MT (highest ever in H1)

In recognition of its strong performance, the Board of Directors declared an interim dividend of Rs 4 per equity share (80 per cent on a face value of Rs 5 each), amounting to Rs 7.34 bilion for FY 2025–26.

The company attributed its strong results to enhanced operational efficiencies, cost optimization measures, and favourable market dynamics, including a recovery in international aluminium prices and growing domestic demand from the infrastructure and automotive sectors.

Commenting on the results, Brijendra Pratap Singh, Chairman-cum-Managing Director, NALCO, said, “Our Q2 and H1 performance stands as a testament to the dedication of our workforce and the trust of our stakeholders. We have demonstrated resilience through operational excellence, cost-saving initiatives, and sustained productivity, supported by higher volumes and improved efficiency despite lower metal price realizations. Going forward, we remain focused on value addition, sustainability, and capacity expansion to drive long-term growth and stakeholder value.”

He further expressed gratitude to the Ministry of Mines, Government of India, and the Government of Odisha for their continued support in enabling NALCO’s success.