Economy · India
Nalco Reports 88% Profit Increase in Q1 Driven by Aluminium Prices
National Aluminium Company Limited (Nalco) reported an 88% increase in profit for the first quarter, reaching Rs 2,002 crore. This surge is attributed to higher aluminium prices and record production output. Nalco, a central public sector undertaking, saw its financial performance significantly improve during this period.
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- Centre (2): Business Standard, Deccan Chronicle