State-run Nalco on Thursday reported a 16.6 per cent drop in consolidated net profit to Rs 1,722.44 crore for the quarter ended March 31, 2026, on the back of lower revenue and higher expenses.
The company had posted a consolidated profit of Rs 2,067.23 crore in the year-ago period.
Revenue declined to Rs 5,012.82 crore in the fourth quarter of FY26, compared to Rs 5,267.83 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in a filing to the stock exchanges.
Total expenses of the Navratna public sector undertaking rose to Rs 2,898.30 crore as against Rs 2,633.80 crore in the year-ago period.
The company’s board also approved the third interim dividend of Rs 2 per equity share, amounting to Rs 367.33 crore for 2025-26.
“Consequent to the introduction of the New Labour Codes w.e.f November 21, 2025, pending the promulgation of rules in this regard, the company, on a provisional basis, assessed its obligation and provided for Rs 20.30 crore during the current