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NALCO Pays Record Dividend as Government Pushes Aluminium Value Addition
NALCO is a company owned by the Indian government.
It gave the government a record dividend of Rs 1,083.06 crore.
Its total dividend payments were Rs 2,112.12 crore.
NALCO also reported a profit of Rs 5,815.76 crore.
Officials said India should make more advanced aluminium products at home.
India currently imports nearly USD 4 billion worth of high-finish aluminium products.
The government wants NALCO to export less alumina and make more valuable products instead.
The Angul Aluminium Park in Odisha is expected to help companies expand aluminium manufacturing.
National Aluminium Company Limited paid a record Rs 1,083.06 crore dividend to the Centre for 2025-26.
NALCO paid total dividends of Rs 2,112.12 crore, equal to 230 per cent of its paid-up equity share capital.
The company reported a profit after tax of Rs 5,815.76 crore for 2025-26.
Union Minister G Kishan Reddy urged greater production and value addition to reduce India’s nearly USD 4 billion aluminium-product imports.
The government wants NALCO to convert more alumina into finished products, supported by the Angul Aluminium Park in Odisha.
- Who
- National Aluminium Company Limited, its CMD Brijendra Pratap Singh, Union Minister G Kishan Reddy and Mines Secretary Keshav Chandra.
- What
- NALCO paid a record Rs 1,083.06 crore dividend to the Centre and outlined plans to promote downstream aluminium production.
- Where
- At a programme in Kolkata, with downstream expansion focused partly on the Angul Aluminium Park in Odisha.
- When
- September 28; the dividend relates to financial year 2025-26.
- Why
- The government aims to increase domestic value addition, reduce imports of high-finish aluminium products and build a stronger downstream industry.
Key facts
- Dividend to Centre
- Rs 1,083.06 crore
- Total dividend
- Rs 2,112.12 crore
- Dividend rate
- 230 per cent of paid-up equity share capital
- Profit after tax
- Rs 5,815.76 crore in 2025-26
- Alumina production
- Around 2.1 million tonnes annually
- Alumina exports
- About 0.13 million tonnes annually
- Hot-metal supply
- NALCO will supply 50,000 tonnes annually to Angul Aluminium Park investors at a discounted rate
Quotes
G Kishan Reddy
Union Coal and Mines Minister speaking at an Odisha industrial investment roadshow
“India currently imports nearly USD 4 billion worth of high-finish aluminium products, even with substantial domestic capacity.”
theprint.in
Sources
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