NALCO Q1 slips 76%
Public sector National Aluminum Company Ltd (NALCO) has registered a decline of 76 per cent in its net profit to Rs 126.45 crore for the first quarter ended June 30, over the corresponding period a year ago.
The company had posted net profit of Rs 525 crore for the quarter ended June 30, 2008.
In addition, the company's total income has also dipped from Rs 159.37 crore for the quarter ended June 30, 2008 to Rs 103.65 crore for the quarter ended June 30, 2009.
Shares of Nalco today closed at Rs 293.40, up 5.15 per cent from its previous close on the BSE. The counter has made 52-week-high and low of Rs 445 and Rs 108 respectively.