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Nalco Q2 net up marginally to Rs 444 cr

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Press Trust of India Mumbai

National Aluminium Company today said its net profit grew marginally by 1.08 per cent to Rs 444.46 crore for the second quarter ended September 30.

The state-run firm had a net profit of Rs 439.73 crore in the September quarter of last fiscal, Nalco said in a filing to the Bombay Stock Exchange.

The total income rose 12.36 per cent to Rs 1654.50 crore for the quarter under review, from Rs 1472.54 crore in the year-ago period.

In the six-month ended September 30, Nalco reported a net profit of Rs 969.79 crore, a 9.41 per cent growth over the same period last year. The firm had a net profit of Rs 886.39 crore in the corresponding period.

 

The total income rose to Rs 3,969.19 crore during the first half of current fiscal from Rs 2556.94 crore in the same period last fiscal.

Nalco was trading at Rs 165.85, up 11.57 in early trade on the BSE.

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First Published: Oct 31 2008 | 12:01 PM IST

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