National Aluminium Company's Q2 FY 2025-26 Quarterly Results

Result Summary

• National Aluminium Company Ltd reported a 13.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.1%.
• Its expenses for the quarter were up by 2.2% QoQ and down 3.1% YoY.
• The net profit increased 36.3% QoQ and increased 36.7% YoY.
• The earnings per share (EPS) of National Aluminium Company Ltd stood at 7.79 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

National Aluminium Company Ltd (NALCO) is a public sector enterprise under the Ministry of Mines, Government of India. It primarily operates in the aluminium sector, producing and selling aluminium products, including bauxite, alumina, and aluminium metal, which are critical inputs for various industries. The company is recognized for its integrated operations, spanning from mining to metal production. It is one of the largest producers of alumina and aluminium in India, playing a substantial role in the domestic as well as international markets. Recently, NALCO has been focused on expanding its production capacity and enhancing operational efficiency to meet growing demand. There is no specific information available regarding recent major developments or strategic changes within the company.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), National Aluminium Company Ltd reported a total income of ₹4,443.81 crores. This marks an increase from ₹3,930.45 crores in the first quarter of the same fiscal year (Q1FY26) and ₹4,073.27 crores in the second quarter of the previous fiscal year (Q2FY25). The quarter-over-quarter (QoQ) growth in total income is 13.1%, while the year-over-year (YoY) growth is 9.1%. These figures reflect a strong revenue performance both on a quarterly and annual basis.

Profitability

The company's profitability metrics show significant improvements in Q2FY26. Profit Before Tax (PBT) stands at ₹1,895.23 crores, up from ₹1,429.27 crores in Q1FY26 and ₹1,436.55 crores in Q2FY25. This represents a QoQ increase of 32.6% and a YoY growth of 31.9%. After accounting for taxes amounting to ₹462.06 crores, the Profit After Tax (PAT) is ₹1,429.94 crores, compared to ₹1,049.48 crores in Q1FY26 and ₹1,045.97 crores in Q2FY25, showing a QoQ and YoY rise of 36.3% and 36.7%, respectively. Earnings per Share (EPS) also increased to ₹7.79 from ₹5.71 in Q1FY26 and ₹5.70 in Q2FY25, reflecting a similar growth pattern in profitability.

Operating Metrics

Operating expenses for Q2FY26 were reported at ₹2,555.72 crores, which is slightly higher than ₹2,501.77 crores in Q1FY26 but lower than ₹2,636.72 crores in Q2FY25. This translates to a modest QoQ increase of 2.2% and a YoY decrease of 3.1% in total expenses. The ability to maintain lower expenses compared to the previous year's corresponding quarter, despite increased revenue, indicates operational efficiency. The tax expense for the quarter was ₹462.06 crores, an increase from both the previous quarter and the previous year, consistent with higher profitability levels. The financial data reflects improved operational performance, with significant growth in both revenue and profits, while managing expense growth effectively.