NALCO reported a 232.83% YoY increase in net profit to ₹1,566.3 crore for the third quarter, up from 470.6 crore in Q3 FY24.
NALCO Q3 Results: nalco share price Net Profit Triples to Rs. 1,566 Crore, Margins Double, Dividend Declared
Revenue from operations increased by 39.3% to Rs. 4,662.2 crore from Rs. 3,347.6 crore in the same period last fiscal year.
In the third quarter of current fiscal year, EBITDA increased by 200.89% to Rs. 2,327.6 crore from Rs. 773.8 crore in the same time last year.
The EBITDA margin increased to 49.9% from 23.1% in the same time last fiscal year. EBITDA is earnings before interest, taxes, depreciation, and amortization.
The board of directors authorized a second interim dividend of Rs. 4 per share (80% of the face value of Rs. 5) on the paid-up equity share capital of Rs. 918.32 crore for FY2024-25.
The corporation has set Friday, February 14 as the record date, and the dividend will be paid on or before March 10.
