National Aluminium net dips 75 percent

By IANS,

Mumbai : State-run National Aluminium Co (NALCO) reported a 75 percent fall in net profit to Rs.126.4 crore for the quarter ended June 30, as compared to Rs.525.3 crore in the like period last year.


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The total income decreased 34 percent to Rs.1,036.5 crore from Rs.1,593.7 crore, the company said in a regulatory statement.

NALCO’s net sales too dipped 37 percent to Rs.921.5 crore in the June quarter from Rs.1,467 crore a year ago.

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