By Bizodisha Bureau, Bhubaneswar, November 12, 2015: The Navratna public sector unit, National Aluminium Company Limited (NALCO) on Thursday reported a net profit of Rs 226.14 crore for the 2nd quarter ended September 2015 as against Rs.163.44 crore in the preceding quarter and Rs.341.52 crore in the corresponding quarter of previous fiscal.

Notwithstanding a slump in the profit, Nalco has been able to report profits, in both the quarters of the present fiscal, despite entire global aluminium industry reeling under severe market slowdown and many companies reporting loss.

The net profit and net sales turnover for the half year ended September 2015 works out to at Rs.389.58 crore and Rs.3250.50 crore, respectively, as against the corresponding figures of Rs. 612.51 crore and Rs. 3606.63 crore achieved during the first six months of the previous fiscal.

On the production front, during the first half of the current fiscal, NALCO achieved a production of 28.39 lakh tons of bauxite, 9.21 lakh tons of alumina hydrate, while metal production was at 1.80 lakh tons.

The net power generated during the period was 2843 million units. Besides, the company has generated 114 million units of wind power in this period.