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NALCO records Rs 144 crore profit in Q3

Staff reporter, New Delhi
15/02/2017   0 Comments

National Aluminium Company Limited has recorded a Rs 144-crore profit in the third quarter of the 2016-17 fiscal, Bureaucracy Today has learnt.

According to the reviewed financial results for the 3rd quarter taken on record by the Board in a meeting held at Bhubaneswar on Monday, Nalco has achieved net profit of Rs 144 crore, as against Rs 121 crore in the preceding quarter and Rs 148 crore in the corresponding quarter of the previous fiscal.
The net sales turnover in the 3rd quarter was Rs 1,848 crore, it said in a statement.
In the third quarter, Nalco registered EBITDA (earnings before interest, tax, depreciation and amortization) Rs 361 crore as against Rs 282 crore in the corresponding period of previous fiscal 2015-16.


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