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NALCO creates new records in production and sales for FY 2023-24

Posted On : 2024-04-02 21:22:45( TIMEZONE : IST )

NALCO creates new records in production and sales for FY 2023-24

National Aluminium Company Ltd. (NALCO), the flagship Navratna CPSE under Ministry of Mines, Govt. of India, and country's leading manufacturer and exporter of alumina and aluminium has created new records in production and sales for the year 2023-24.

The company has achieved the highest-ever Cast Metal production of 4,63,428 Metric Tonnes, highest-ever Bauxite Excavation of 76,00,230 Metric Tonnes and Highest-ever Metal Sale of 4,70,108 Metric Tonnes, surpassing all previous records since inception. In FY 23-24, the company has also added a new Aluminium Alloy Ingot (AL59) to its product range.

Achieving 101.15 % capacity utilization, NALCO's Alumina Refinery has produced 21,24,000 Metric Tonnes of Alumina Hydrate, while the Captive Power Plant has generated a gross 7193.62 million units of power. Worth mentioning that in FY 23-24, NALCO has developed & operationalized its Utkal D coal block and has also produced 2 million tonnes of Coal, which is the peak rated capacity of the mine Shri Sridhar Patra, CMD, NALCO, said that the company has always striven to do better than the previous set benchmarks. Expressing his gratitude for significant achievements, he congratulated the NALCO collective and the stakeholders.

Acknowledging the dedication and hard work of the employees and cooperation received from various stakeholders, he said that many major milestones have been achieved by way of backward integration and securitization of raw materials and energy in the past four years.

Shares of National Aluminium Company Limited was last trading in BSE at Rs. 166.15 as compared to the previous close of Rs. 161.40. The total number of shares traded during the day was 1040493 in over 8729 trades.

The stock hit an intraday high of Rs. 166.75 and intraday low of 158.40. The net turnover during the day was Rs. 169392214.00.

Source : Equity Bulls


NationalAluminiumCompany INE139A01034 NALCO FY2024 Production Sales