National Aluminium Oct-Dec Net Falls 80% To INR512.2 Mln Vs INR2.56 Bln-Shanghai Metals Market

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National Aluminium Oct-Dec Net Falls 80% To INR512.2 Mln Vs INR2.56 Bln

Industry News 03:53:14PM Feb 07, 2012 Source:SMM

NEW DELHI, Feb 06, 2012 (Dow Jones) -- India's National Aluminium Co. Ltd. (532234.BY) Monday said its net profit for the fiscal third quarter fell 80%, driven down by almost flat sales as well as higher expenses for raw materials, fuel and wages.

Net profit for the October-December period fell to INR512.2 million from INR2.56 billion a year earlier.

Sales rose marginally to INR14.30 billion from INR14.25 billion.

The state-run aluminum producer's total costs rose 30% to INR15.08 billion.

 
 

Key Words:  NALCO  aluminum Al 

Price

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Aluminum Ingot
Apr.19
14050.0
40.0
(0.29%)
Alumina (Averaged)
Apr.19
2665.0
0.0
(0.00%)
Alumina-East
Apr.19
2680.0
0.0
(0.00%)
Alumina -Central
Apr.19
2670.0
0.0
(0.00%)
Alumina - North
Apr.19
2660.0
0.0
(0.00%)

National Aluminium Oct-Dec Net Falls 80% To INR512.2 Mln Vs INR2.56 Bln

Industry News 03:53:14PM Feb 07, 2012 Source:SMM

NEW DELHI, Feb 06, 2012 (Dow Jones) -- India's National Aluminium Co. Ltd. (532234.BY) Monday said its net profit for the fiscal third quarter fell 80%, driven down by almost flat sales as well as higher expenses for raw materials, fuel and wages.

Net profit for the October-December period fell to INR512.2 million from INR2.56 billion a year earlier.

Sales rose marginally to INR14.30 billion from INR14.25 billion.

The state-run aluminum producer's total costs rose 30% to INR15.08 billion.

 
 

Key Words:  NALCO  aluminum Al