Prime Highlights
- Shares of National Aluminium Company Ltd (NALCO) jumped nearly 9% on the BSE following strong second-quarter earnings and the announcement of an interim dividend.
- The company reported a 37% year-on-year rise in net profit, supported by higher aluminium prices, cost optimisation, and improved operational efficiency.
Key Facts
- NALCO posted a Q2 FY26 net profit of ₹1,430 croreand revenue of ₹4,293 crore, up 7.2% year-on-year.
- The board approved an interim dividend of ₹4 per shareand announced a ₹30,000 crore investment plan over the next five years, including new smelter and power plant projects.
Background
Shares of National Aluminium Company Ltd (NALCO) jumped nearly 9% in morning trade on the BSE on Monday, November 10, following the company’s strong second-quarter results and interim dividend announcement.
NALCO’s share price opened at ₹240.10 against the previous close of ₹234.45 and rose to an intraday high of ₹254.85, marking an 8.7% increase. Around 9:50 a.m., the stock traded 8% higher at ₹253.10, while the benchmark Sensex was up 0.30% at 83,454.
The Navratna PSU earned a net profit of ₹1,430 crore in the July–September quarter of FY26, growing 37% compared to last year, thanks to strong aluminium prices and better operational efficiency. Revenue from operations climbed 7.2% to ₹4,293 crore.
The company’s board also approved an interim dividend of ₹4 per share (80% on a face value of ₹5 each) for FY26, on the paid-up equity share capital of ₹918.32 crore.
NALCO has announced a ₹30,000 crore investment plan over the next five years, which includes ₹18,000 crore for a new aluminium smelter and ₹12,000 crore for a coal-based power plant.
Chairman and Managing Director Brijendra Pratap Singh said the company’s robust Q2 performance was driven by cost optimisation, operational excellence, and supportive market conditions. He added that NALCO remains focused on expanding production capacities, sustainability, and long-term value creation.
So far in 2025, NALCO shares have gained nearly 18%. The stock has maintained an upward trend since August after touching a 52-week low of ₹140 on April 7. It had earlier hit a 52-week high of ₹263.10 on November 25 last year.