National Aluminium Company Limited (Nalco) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company provided a presentation detailing its business and outlook following the earnings declaration. Key financial highlights include Net Sales of ₹5,380 crore and PAT of ₹1,835 crore for Q2 FY2026-27, showing significant year-on-year growth.
Nalco Announces Q2 FY2026-27 Financial Performance
National Aluminium Company Limited (Nalco) has released its unaudited financial results for the second quarter (Q2) and the half-year ended September 30, 2026. The company informed stakeholders about its business performance and future outlook through an earnings call held on November 3, 2026.
Financial Highlights (Q2 FY2026-27)
Key financial figures for the second quarter of Fiscal Year 2026-27 include:
- Net Sales: ₹5,380 crore (a 26.2% increase compared to the previous year)
- Revenue from Operation: ₹5,419 crore (a 26.3% increase)
- EBIDTA (Excl. Exceptional Income): ₹2,659 crore (a 28.0% increase)
- Profit After Tax (PAT): ₹1,835 crore (a 28.1% increase)
Half-Yearly Performance (FY25-26)
For the full fiscal year 2025-26, the company reported:
- Net Sales: ₹17,729 crore
- Revenue from Operation: ₹17,843 crore
- EBIDTA (Excl. Exceptional Income): ₹8,613 crore
- Profit After Tax (PAT): ₹5,816 crore
Physical Performance Snapshot
The company also provided insights into its physical performance:
Production (Q2 FY26-27 vs. Q2 FY25-26)
- Bauxite: 1622 (‘000T) vs. 1780 (‘000T), a -8.9% change
- Alumina Hydrate: 556 (‘000T) vs. 576 (‘000T), a -3.5% change
- Metal: 120 (‘000T) vs. 119 (‘000T), a 0.8% change
- Coal: 1,095 (‘000T) vs. 941 (‘000T), a 16.37% change
- Thermal Power: 1,634 (MU) vs. 1,743 (MU), a -6.3% change
Sales (Q2 FY26-27 vs. Q2 FY25-26)
- Alumina – Export: 305 (‘000T) vs. 365 (‘000T), a -16.4% change
- Alumina – Domestic: 35 (‘000T) vs. 31 (‘000T), a 12.9% change
- Metal – Domestic: 119 (‘000T) vs. 112 (‘000T), a 6.3% change
Market Outlook and Price Trends
The presentation also discussed the LME Aluminium Price Trend, noting that global inventories are at historically low levels. The outlook for Q4 2026 anticipates LME Aluminium prices to average between US$2,950 – $3,150/t. Factors influencing prices include geopolitical tensions, LME stock drawdown, near-term physical tightness, and broader risk sentiment. The company also provided global and Indian industry outlooks for aluminium and alumina, projecting continued growth in demand.
Business Highlights and Major Projects
Key business highlights include efforts to unlock higher productivity, drive cost efficiency, build competitive advantage through raw material linkages, and expand refinery and smelter capacities. Major projects like the Pottangi Bauxite mines, 5th Stream Alumina Refinery, Aluminium Smelter expansion in Angul, and Captive Power Plants were also detailed, indicating ongoing expansion and development initiatives.
Responsible & Resilient Initiatives
Nalco emphasized its commitment to minimizing environmental harm and implementing effective risk management strategies. Initiatives focus on afforestation, waste utilization, advanced pollution control, and efficient fuel handling. The company also highlighted its CSR projects covering education, healthcare, women empowerment, peripheral development, sanitation, and rural development, with a detailed expenditure break-up for FY 2025-26.
Source: BSE
