NALCO Q3 Result: Net Profit Marginally Rises to ₹1,595 Crore; Board Declares ₹4.5 Interim Dividend

National Aluminium Company Limited (NALCO) released its third-quarter results for FY26 on Friday, January 30, showing steady growth across its core operations. The PSU’s performance highlighted both resilience and incremental growth, driven by strong contributions from its aluminium and chemicals segments.

Market Performance

NALCO’s stock closed the session at ₹384 on BSE, marking a 10.5% decline despite reporting a modest rise in quarterly profits. The market reaction came amid broader trading sentiments and profit-booking patterns ahead of upcoming financial announcements.

Q3 FY26 Financial Highlights

NALCO reported a marginal increase in consolidated net profit, reflecting stability in earnings:

• Net Profit: ₹1,595.15 crore, up 1.8% YoY from ₹1,566.32 crore in Q3FY25
• Quarter-on-Quarter (QoQ) Growth: 11.6% rise from ₹1,429.94 crore in Q2FY26

Revenue for the quarter showed steady improvement:

• Total Revenue: ₹4,730.95 crore, up 1.5% YoY from ₹4,662.22 crore
• QoQ Growth: 10.2% increase from ₹4,292.34 crore

EBITDA performance strengthened during the period:

• EBITDA: ₹2,179 crore, rising 13.2% from ₹1,926 crore in Q2FY26
• EBITDA Margin: Improved to 46.1% from 44.9% QoQ

Segment-Wise Performance

NALCO’s growth was supported by strong operations in both aluminium and chemicals divisions:

• Aluminium Segment:
  • Revenue: ₹3,461.50 crore
  • Segment Profit: ₹1,582.41 crore
• Chemicals Segment:
  • Revenue: ₹1,656.78 crore
  • Segment Profit: ₹512.94 crore

The company’s balanced portfolio ensured consistent earnings, with each segment contributing meaningfully to overall profitability.

Dividend Declaration

The NALCO Board approved a second interim dividend of ₹4.50 per equity share, representing 90% of the face value of ₹5 per share. Key points on dividend:

• Paid-up Equity Share Capital: ₹918.32 crore
• Record Date: Friday, February 6, 2026
• Dividend Payout Date: On or before March 1, 2026

This dividend reflects NALCO’s continued commitment to returning value to shareholders while maintaining operational stability.

Summary

NALCO’s Q3 FY26 results indicate a steady growth trajectory. While the net profit rose only marginally YoY, sequential improvements in revenue, EBITDA, and segment performance highlight operational strength. The announcement of the interim dividend adds an additional positive note for shareholders.

With aluminium and chemicals continuing to drive earnings, NALCO remains on a path of consistent performance in a challenging market environment.

Source: Livemint