National Aluminium Company Limited (NALCO), the Navratna CPSE, under the Ministry of Mines, Government of India, has surpassed several milestones in its journey of business excellence during the Financial Year 2021-22. Showing robust performance across all its business units, the company has posted its best-ever annual production and sales in FY21-22, registering highest ever revenue from operations and highest ever net profit (PAT) of Rs.14, 181 crore and Rs.2,952 crore respectively.
Market dynamics has resulted in multifold increase in turnover and consequent Profit in the fiscal 21-22. The net profit of the company for the financial year 202122 has jumped by 227% over immediate preceding financial year.
During the FY 21-22, the Company has achieved bauxite production of 75.11 lakh tonnes from its Captive Bauxite Mines and produced aluminium at its name plate capacity of 4.60 lakh tonnes for the first time since inception, surpassing all previous records.