Bhubaneswar (Odisha Tazanews) :- National Aluminium Company Limited (NALCO), the Navratna CPSEunder the Ministry of Mines, Government of India, has scripted a historic milestone by recording itsbest-ever half-yearly financial performance since inception for the first half of FY 2026-27, whilesimultaneously making significant progress on its transformative 30,000 crore Smelter ExpansionProject at Anugola, Odisha, marking a new phase in the company’s growth journey.
Demonstrating robust operational efficiency and strong business fundamentals, NALCO achievedrecord-breaking performance across all major financial parameters during H1 FY 2026-27. Thecompany reported its highest-ever Total Income of ₹11,143 crore, registering a growth of 33% overthe corresponding period of the previous year. EBITDA surged by 50% to an all-time high of 25,539crore, while Profit Before Tax (PBT) rose by 55% to a record 25,160 crore.
Profit After Tax (PAT)stood at 3,837 crore, reflecting a year-on-year growth of 54%.For the quarter ended September 2026, NALCO posted a 28% increase in net profit at 1,835 crorecompared to 1,433 crore during the corresponding quarter of the previous financial year. Totalincome from operations during Q2 FY 2026-27 increased by 26% to 5,419 crore, underscoring thecompany’s sustained operational excellence and market strength.The company’s strong financial performance was complemented by equally impressive operationalachievements.
NALCO recorded its highest-ever half-yearly Aluminium Cast Metal Production of2.35 lakh tonnes, alongside its highest-ever cumulative domestic sales of Alumina and AluminiumMetal, reaffirming its strong position in the Indian aluminium sector.Further reflecting its commitment to creating value for shareholders, the company has announced aninterim dividend of 24.50 per equity share (90% on the face value of 25 each), involving a payout of2826.48 crore for FY 2026-27.Alongside its record financial performance,
NALCO continues to advance its long-term expansionplans through the proposed 0.5 MTPA Brownfield Aluminium Smelter Expansion Project atAnugola, Odisha. The project will nearly double NALCO’s smelting capacity from the existing 0.46MTPA to about 1.0 MTPA and is targeted for commissioning during FY 2030-31.Significant progress has been achieved on key implementation milestones.
The company has securedcritical approvals and initiated enabling activities for project execution.In a major technological partnership, NALCO has entered into an agreement with Emirates GlobalAluminium (EGA) for licensing its proprietary aluminium smelting technology, enabling adoptionof globally proven and energy-efficient production processes at the Anugola plant.To meet the additional power requirement of the expanded smelter, NALCO has partnered with NLCIndia Limited through a 50:50 Joint Venture Company for setting up a 4 x 270 MW (1,080 MW)Captive Thermal Power Plant.
Reinforcing its sustainability commitment, the company is alsoplanning integration of 200-250 MW of renewable energy into the project ecosystem.NALCO’s expansion roadmap is further supported by the ongoing 5th Stream Alumina RefineryProject at Damanjodi, which is expected to generate sufficient alumina to cater to the requirementsof the expanded smelter while also creating surplus capacity. Looking beyond current projects, thecompany is exploring opportunities for establishing additional Greenfield aluminium projects inalignment with the national objectives of value addition, industrial self-reliance and manufacturinggrowth.
