National Aluminium Company Ltd's Q3FY25 Quarterly Results

Result Summary

• National Aluminium Company Ltd reported a 16.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 40.1%.
• Its expenses for the quarter were up by 0.1% QoQ and down 3.3% YoY.
• The net profit increased 49.7% QoQ and increased 232.8% YoY.
• The earnings per share (EPS) of National Aluminium Company Ltd stood at 8.5 during Q3FY25.

Financial Statments for Q3FY25

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 leading public sector enterprise in India, primarily engaged in the production of alumina and aluminium. As one of the largest integrated bauxite-alumina-aluminium-power complexes in the country, NALCO operates in the metals and mining industry. The company's product portfolio includes bauxite mining, alumina refining, aluminium smelting, and casting of aluminium metal. NALCO is also involved in the generation of power for its captive use. While recent major developments specific to the company are not provided, it is important to note that the aluminium industry, in general, has been impacted by global economic factors, which often influence production and pricing.

Revenue

In the third quarter of the fiscal year 2025, National Aluminium Company Ltd reported a total income of ₹4761.31 crores. This figure represents a significant quarter-over-quarter increase of 16.9% from ₹4073.27 crores in Q2FY25, as well as a remarkable year-over-year growth of 40.1% from ₹3397.87 crores in Q3FY24. The substantial rise in total income over the year can be attributed to various factors, possibly including increased production capacity, higher sales volume, or favourable market conditions, although specific reasons are not detailed in the data provided. The quarter-over-quarter growth indicates sustained momentum in revenue generation.

Profitability

National Aluminium Company Ltd demonstrated impressive profitability in Q3FY25, with a profit before tax of ₹2121.90 crores. This marks a 47.7% increase from the previous quarter's profit before tax of ₹1436.55 crores and an outstanding 217.5% increase from ₹668.21 crores in Q3FY24. After accounting for tax expenses of ₹539.00 crores, the profit after tax for Q3FY25 stood at ₹1566.32 crores. This reflects a substantial rise of 49.7% quarter-over-quarter and a staggering 232.8% year-over-year improvement from ₹470.61 crores in Q3FY24. Earnings per share for the quarter rose to ₹8.50, up by 49.1% from ₹5.70 in the preceding quarter and by 226.9% from ₹2.60 in the same quarter the previous year.

Operating Metrics

Total expenses for National Aluminium Company Ltd in Q3FY25 were ₹2639.41 crores, showing minimal change from ₹2636.72 crores in Q2FY25, which represents a marginal increase of 0.1%. Compared to the same quarter last year, total expenses decreased by 3.3% from ₹2729.66 crores. This stability in expenses amidst growing revenue suggests a change in the cost structure or operational efficiencies, although specific operational metrics are not provided. The company's ability to maintain expenses while significantly increasing income has contributed to improved profitability metrics. Additionally, the tax expenses increased by 44.0% from the previous quarter and by 199.9% from the same quarter last year, reflecting higher taxable income due to increased profitability.