The profit growth has mainly come from the Alumina revenue segment, Damanjodi, famous for being the lowest cost producer of Alumina globally
GN Bureau | August 9, 2018
NALCO has once again repeated its stupendous performance by registering profit after tax of Rs 687 crore in the first quarter of 2018-19 FY, posting a growth of 167 percent.
As compared to the corresponding quarter of the last year, net profit growth has risen by a whopping 433 percent, from Rs129 crore to Rs 687 crore.
The operating profit has increased more than two-fold, registering Rs 889 crore in 2018- 19 compared to Rs 362 cr in Q4 of 2017-18 FY.
The net profit figure of Rs 687 crore in Q1 2018-19 FY surpassed the whole net profit of Rs 642 crore in 2013-14.
The significant growth in profit has mainly come from the Alumina revenue segment, Damanjodi, which has achieved the distinction of being the lowest cost producer of Alumina in the world.
In a scathing attack on the government, PawanKhera, national spokesperson of the Congress party, has said that the BJP is remote-controlled by RSS, an unregistered organisation that decides who the PM will be and lead the country, yet no question is asked to them. Asking how Amit Shah, JP N
Nationalist Congress Party president and senior leader Sharad Pawar has appealed to political leaders in the state not to visit the flood ravaged areas of Maharashtra as it diverts attention of those engaged in relief and rehabilitation to VIP arrangements and hampers work. The deat
Sri Lankan media baron, business tycoon and Chairman of The Capital Maharaja Group conglomerate, Rajandram Rajamahendran, passed away at Colombo early Sunday morning. He was 79. Rajamahendran was suffering from health problems and was receiving treatment at a private hospital in Colombo. &nb
A new study titled, ‘Quantitative analysis of Microplastics along River Ganga’ by Toxics Link has found heavy concentration of microplastics in the Ganga. All samples collected for study from the river at Haridwar, Kanpur and Varanasi were found to be polluted with microplastics.
At least 79 people were killed and 56 were missing as the flood situation in Maharashtra remained grim on Saturday. Torrential rainfall in various parts of the state, coinciding with high tides and also discharge from dams, led to inundation of many regions and floods caused landslides in some places too.
Within days of announcing its new Electric Vehicle Policy 2021, Maharashtra Friday announced its partnership with Climate Group’s EV100 network to push and promote electric vehicles and reduce CO2 emissions. The policy, meanwhile, was also notified on Friday. Climate Gro