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NANATIONALUM

National Aluminium Company Q3 FY26 results (Oct–Dec 2025) and concall

NALCO · NSE: NATIONALUM · Metals & Mining · Concall AI · Call held 30 Jan 2026

National Aluminium Company Limited (NALCO) reported its best-ever physical and financial performance for Q3 and 9 months of FY26, driven by significant volume growth and operational efficiencies. Despite a substantial negative impact from falling alumina prices, the company maintained profitability. Management outlined plans for capacity expansion, including a new alumina refinery commissioning in June 2026 and a new smelter by 2030-31, while navigating rising input costs and geopolitical challenges affecting exports.

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What they filed

Q3 FY26: revenue up 1.5%, net profit up 1.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue4,001 4,662 5,268 3,807 4,292 +7%4,731 +1%
EBITDA1,533 2,311 2,743 1,478 1,923 +25%2,173 −6%
Net profit1,046 1,566 2,067 1,049 1,430 +37%1,595 +2%
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.