National Aluminium soars on record Q2 profit, interim dividend

NALCO announced impressive unaudited financial results for the second quarter and half-year ended September 30, 2025, with a 34.9% year-over-year increase in Q2 net profit to INR 1,433 crore. For H1 FY 2025-26, net profit surged by 50.15% to INR 2,497 crore. Total income from operations for Q2 stood at INR 4,292 crore, marking a 7.2% growth. The board of directors approved a 1st interim dividend of INR 4 per share (80% on face value of INR 5 each) for FY 2025-26, totaling INR 734.65 crore. The record date for this dividend is Friday, November 14, 2025, with payment by December 6, 2025.

The company achieved its best-ever H1 physical performance, with record production of alumina hydrate (1,153,000 MT) and aluminium cast metal (234,148 MT) in FY 2025-26. Sales also hit an all-time high for H1, with alumina sales reaching 699,913 MT and domestic metal sales totaling 225,675 MT. Operational efficiencies, cost optimization, and supportive market conditions contributed to this strong performance.

NALCO's strategic projects include bauxite mine expansion, a 5th stream alumina refinery, and an aluminium smelter expansion, with commissioning slated between May 2026 and June 2031. The company maintains an integrated bauxite-alumina-aluminium-power-coal complex and boasts zero-debt leverage, providing a strong financial position for future expansion plans.