December 02, 2008
NALCO Q2 net profit down by 26% YoY
National Aluminum Company Limited has posted net profit of INR 4,397.30 million for July to September 2007 quarter down by 26.09% YoY as compared with INR 5,950.00 million for the July to September 2006 quarter.
Other highlights of the quarter are
1) Net sales for the quarter fell by 9.26% YoY to INR 13,081.50 million compared with INR 14,416.20 million
2) Total income for the quarter fell by 4.57% YoY to INR 14,725.40 million as compared with INR 15,430.50 million
3) Basic and diluted earnings per share after extraordinary item for the quarter dropped by INR 6.82 as compared with INR 9.32
Quarterly results
| Source | Q2’ 07 | Q2’ 06 | Change |
| Net Sales | 13,081.50 | 14,416.20 | -9.26% |
| Net Profit | 4,397.30 | 5,950.00 | -26.10% |
| EPS | 6.82 | 9.23 | -26.11% |
Nalco is a state run company engaged in manufacturer and export of alumina and aluminum. It is a leading manufacturer of aluminum ingots, sows, billets, wire rods, alloy wire rods, cast strips, rolled products of aluminum metal.
