{"id":4990,"date":"2024-11-14T10:46:35","date_gmt":"2024-11-14T05:16:35","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4990"},"modified":"2024-11-14T10:46:37","modified_gmt":"2024-11-14T05:16:37","slug":"nalco-shares-climb-as-net-profit-jumps-five-fold-in-q2","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/nalco-shares-climb-as-net-profit-jumps-five-fold-in-q2\/","title":{"rendered":"NALCO Shares Climb as Net Profit Jumps Five-Fold in Q2"},"content":{"rendered":"\n

Shares of National Aluminium Company (NALCO) rose in early trade on November 14, following the company’s impressive quarterly earnings report. The state-owned metals giant posted a massive five-fold increase in net profit for the quarter ending September, reaching Rs 1,062.2 crore\u2014a 415.4% surge compared to Rs 206.3 crore in the same period last year.<\/p>\n\n\n\n

NALCO’s revenue from operations also saw strong growth, climbing 31.5% year-on-year to Rs 4,001.5 crore, compared to Rs 3,043.8 crore in Q2FY24.<\/p>\n\n\n\n

By 9:20 am, NALCO shares were trading 4% higher at Rs 228.19 on the NSE. The company’s EBITDA for the quarter skyrocketed to Rs 1,549 crore, marking a 289.4% jump from Rs 397 crore in the previous year. This impressive growth pushed the EBITDA margin up to 38.7%, a substantial improvement from 13% in the year-ago quarter.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com<\/a><\/p>\n\n\n\n

Source: Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of National Aluminium Company (NALCO) rose in early trade on November 14, following the company’s impressive quarterly earnings report. The state-owned metals giant posted a massive five-fold increase in net profit for the quarter ending September, reaching Rs 1,062.2 crore\u2014a 415.4% surge compared to Rs 206.3 crore in the same period last year. NALCO’s […]<\/p>\n","protected":false},"author":1,"featured_media":4991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[676],"class_list":["post-4990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-nalco-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=4990"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4990\/revisions"}],"predecessor-version":[{"id":4992,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/4990\/revisions\/4992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/4991"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=4990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=4990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=4990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}