HomeNewsBusinessEarningsNalco aims 30000-60000 tonne additional alumina sale in Q3

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Nalco aims 30000-60000 tonne additional alumina sale in Q3

Nalco's second quarter results were well below the street’s estimates in terms of earnings. Chairman and director of finance BL Bagra indicated that the margins were hit because the supply from Mahanadi coal was disrupted. Nalco has been targeting 30,000-60,000 tonne of additional alumina sale in Q3.

November 14, 2011 / 15:50 IST

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During the second quarter FY12, Nalco's net sales were up 8.9% at Rs 1583.7 crore versus Rs 1454.7 crore (YoY) and profit after tax (PAT) was down 38% at Rs 139.3 crore versus Rs 224.04 crore (YoY).

The second quarter results were well below the street

TAGS: #BL Bagra #Nalco #profit after tax #Results Boardroom #second quarter FY12

first published: Nov 14, 2011 02:09 pm

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