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NALCO Q3 profit down by 80pct
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Tuesday, 07 Feb 2012
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IRIS reported that National Aluminum Company has posted a net profit of INR 512.2 million for the quarter ended December 31st 2011 as compared to INR 2,559.5 million for the quarter ended December 31st 2010 representing a decrease of 79.99%.

Total income has increased from INR 15.32 billion for the quarter ended December 31st 2010 to INR 15.79 billion for the quarter ended December 31st 2011 representing an increase of 3.07%.

During the quarter, the operating profit margin dropped 536 bps to 5.47% from 10.83% for the same period last year. Shares of the company declined INR 1.45 or 2.27% to trade at INR 62.30. The total volume of shares traded was 746,518 at the BSE.

(Sourced from www.myiris.com)

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