Archive · 29 Sep 2026
NALCO Pays Record Dividend as India Seeks Aluminium Value Addition
NALCO is an aluminium company owned partly by the Indian government.
It gave the Government of India a record dividend of Rs 1,083.06 crore.
Altogether, NALCO paid shareholders Rs 2,112.12 crore.
The company also made a profit of Rs 5,815.76 crore in 2025-26.
Government officials said India should make more finished aluminium products at home.
India currently imports almost USD 4 billion worth of high-finish aluminium products.
They want NALCO to turn more alumina into valuable finished goods instead of exporting it.
The Angul Aluminium Park in Odisha is intended to attract companies and support this manufacturing.
National Aluminium Company Limited paid a record Rs 1,083.06 crore dividend to the Government of India for 2025-26.
NALCO’s total dividend payout was 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 domestic production and value addition to reduce India’s nearly USD 4 billion aluminium-product imports.
The government is encouraging NALCO to convert more alumina into finished products, with the Angul Aluminium Park expected to support downstream investment.
- Who
- National Aluminium Company Limited, 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 Government of India and outlined efforts to expand downstream aluminium production.
- When
- Monday, September 28, for financial year 2025-26.
- Where
- At an investor roadshow and programme in Kolkata, focused on the Angul Aluminium Park in Odisha.
- Why
- The government wants to increase domestic value addition, reduce imports of high-finish aluminium products and strengthen India’s downstream aluminium industry.
- Dividend to Government of India
- Rs 1,083.06 crore
- Total dividend payout
- 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
- Annual alumina production
- Around 2.1 million tonnes
- Annual alumina exports
- About 0.13 million tonnes
- Planned hot-metal supply
- 50,000 tonnes annually to Angul Aluminium Park investors at a discounted rate
