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NANATIONALUM

National Aluminium Company Q2 FY26 results (Jul–Sep 2025) and concall

NALCO · NSE: NATIONALUM · Metals & Mining · Concall AI · Call held 7 Nov 2025

National Aluminium Company Limited (NALCO) reported its best-ever Q2 and H1 FY26 performance, driven by significant volume growth in alumina and cast metal production, coupled with improved efficiencies and cost reductions. The company is progressing with its refinery expansion, targeting commissioning by June 2026, and has ambitious plans for smelter expansion by 2030. While alumina prices are currently soft, NALCO is optimistic about H2, and its KABIL JV is advancing lithium exploration in Argentina.

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What they filed

Q2 FY26: revenue up 7.3%, net profit up 36.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue4,001 4,662 5,268 3,807 4,292 +7%
EBITDA1,533 2,311 2,743 1,478 1,923 +25%
Net profit1,046 1,566 2,067 1,049 1,430 +37%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.