By Nageshwar Patnaik in Bhubaneswar, Aug 07 2025: State-run National Aluminium Company (Nalco) on Thursday reported a consolidated net profit of ₹1,049.48 crore for the first quarter of the financial year 2025-26 (Q1 FY26), marking a strong 78 per cent year-on-year (Y-o-Y) growth from ₹588.42 crore in Q1 FY25.

Nevertheless, profit declined sharply on a sequential basis, falling nearly 49 per cent from ₹2,067.23 crore in the preceding quarter (Q4 FY25).

The company’s revenue from operations stood at ₹3,806.94 crore in Q1 FY26, up 33 per cent from ₹2,856.10 crore in the same quarter last year. On a sequential basis, revenue declined by 28 per cent from ₹5,267.83 crore recorded in Q4 FY25.

Revenue from chemicals surged 91 per cent to ₹1,628.11 crore, up from ₹852.06 crore in the same period last year, while aluminium revenues rose 7 per cent Y-o-Y to ₹2,708.34 crore from ₹2,534.68 crore.

Nalco’s total expenses for the quarter were ₹2,501.18 crore, up from ₹2,099.61 crore in the same period last year.

Bhubaneswar-based aluminium major earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose to ₹1,492.8 crore in Q1 FY26, up 59.7 per cent from ₹934.2 crore reported in Q1 FY25.

Nalco’ board of directors also approved a final dividend of ₹2.5 per share for FY25. The Board has recommended final dividend of Rs.2.50/- per equity share (50% on face value of Rs.5/- each) amounting to Rs.459.16 Crores for the FY 2024-25, subject to approval of shareholders in the ensuing 44th Annual General Meeting. Subject to this, the total dividend payout for the FY 2024-25 will be Rs.1928.46 crores.

“The above final dividend is in addition to the first interim dividend of ₹4 per share and second interim dividend of ₹4 per share (total of ₹8, i.e. 160 per cent on face value of ₹5 each) already paid during the financial year 2024‐25,” the company said in a BSE filing.

Shares of Nalco closed at ₹189.65 apiece on the BSE on Thursday.