Don’t miss the latest developments in business and finance.

NALCO's net profit Rs 849.50 crore in 2011-12

Image
Press Trust of India Bhubaneswar
Last Updated : Jan 20 2013 | 3:44 AM IST

The 'Navaratna' PSU, however, achieved sales turnover of Rs.6500.27 crore during the year, up nine per cent over Rs 5958.98 crore registered in the previous fiscal, company sources said here today.

The results would have been still better but for the impact of rising fuel cost and increase in price of input materials, they said.

The rise in sales turn-over is mostly attributed to better market realisations, in addition to higher production and sale of alumina.

The company has reported improved performance in terms of production and sales for 2011-12. During the year, the company has achieved the highest-ever bauxite production of 50.03 lakh tonnes, against the previous best of 48.79 lakh tonnes achieved 2009-10, they said.

Similarly, NALCO

Also Read

First Published: May 22 2012 | 12:05 PM IST

Next Story