National Aluminium Company Limited (Nalco) has approved an interim dividend of ₹4.50 per equity share for the financial year 2026-27. This decision was made during the Board of Directors’ meeting held on November 2, 2026, where the unaudited financial results for the second quarter and half-year ended September 30, 2026, were also taken on record. The company has fixed November 6, 2026, as the record date for determining shareholder eligibility for the dividend payment.
Nalco Board Approves Interim Dividend and Financial Results
The Board of Directors of National Aluminium Company Limited (Nalco) convened on November 2, 2026, to review and approve key financial decisions. A significant outcome of the meeting was the approval of an interim dividend of ₹4.50 per equity share. This dividend, representing 90% on a face value of ₹5, amounts to a total payout of ₹826.48 crore for the financial year 2026-27. The company has set November 6, 2026, as the record date for determining the eligibility of shareholders to receive this interim dividend.
Unaudited Financial Results for Q2 and H1 FY27
In addition to the dividend approval, the Board of Directors took on record the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The detailed financial statements, along with the Limited Review Report from the Statutory Auditors, were presented and accepted. The company also confirmed that necessary publications regarding these results would be made in newspapers.
Interim Dividend Payout Details
The payment of the interim dividend is scheduled to be made on or before December 1, 2026. Shareholders will receive the dividend based on their names appearing in the Register of Members as of the record date. The company reminded shareholders that dividend income is taxable, and they are required to submit requisite forms for lower or nil TDS by November 9, 2026.
Operational and Financial Highlights
The standalone statement of profit and loss for the six months ended September 30, 2026, shows a profit after tax of ₹3,837.47 crore. For the same period, the consolidated profit after tax stood at ₹3,838.19 crore. The company’s paid-up equity share capital remains at ₹918.32 crore.
Auditor’s Review
The independent auditors, SRB & Associates and B M Chatrath & Co LLP, have conducted a limited review of the financial results. Their report, dated November 2, 2026, states that based on their review, nothing has come to their attention that causes them to believe the accompanying statements, prepared in accordance with Indian Accounting Standards, contain any material misstatement. However, they drew attention to Note 6 of the standalone results regarding non-recognition of revenues from two wind power plants pending agreement and a sub-judice matter before the Rajasthan High Court.
Source: BSE
