Nalco registers highest-ever profit of Rs 2,952 crore in FY'22

Updated: Sep 23 2022 1:57PM

Bhubaneswar, Sep 23 (PTI) National Aluminium Company Ltd (Nalco) has registered the highest-ever sales of Rs 14,181 crore and a record profit of Rs 2,952 crore in the 2021-22 financial year (FY’22), an official said on Friday.

The Odisha-based public sector undertaking has also reported record production of aluminium cast metal of 4,60,000 tonne, achieving 100 percent capacity utilisation of its plant for the first time since inception, he said.

Addressing shareholders in the company’s annual general meeting on Thursday, Nalco CMD Sridhar Patra said the 2021-22 fiscal was a historic year in the journey of the aluminium maker, and the "spectacular results are a testimony to the extraordinary attitude" demonstrated by all the employees, despite the pandemic-induced adversity.