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.
Basking in the success of the new web series, ‘Scam 1992: The Harshad Mehta Story ’,on SonyLIV, the OTT platform from Sony stable where the lead actors are new faces, NP Singh, MD and CEO of Sony Pictures Networks, has said that the script is the new hero. He credited the s
India’s trend of steadily decreasing active cases continues unabated. The number of Active Cases has remained below 10% of the total cases for the last three days, suggesting only one in 10 cases is active Covid-19 patient. The active cases comprise merely 9.29% of the total positive c
The union cabinet chaired by prime minister Narendra Modi on Wednesday gave its approval to pay productivity linked bonus (PLB) for 2019-20 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, and ESIC, with a financial implication of Rs.2,791 crore.
India has leaped across several significant milestones in its fight against Covid-19. The new confirmed cases in the 24 hours to Tuesday morning have fallen below 50,000 (46,790, to be precise) for the first time in nearly three months. The last time the number of new cases was close to this level was on J
Legendary film star and politician Shatrughan Sinha has said that friendship in Bollywood is limited to onscreen, and there is no unity and some news channels are taking advantage of this situation. “Groups within the industry or their supporters may sometimes come together for some c
In India, only 2.40 million out of an estimated 2.64 million cases of tuberculosis were reported to the government, that is, 2,40,000 TB patients went unreported, in 2019, according to the WHO Global Tuberculosis Report 2020. The reporting of TB cases, however, has significantly increased ov