NATIONALUM National Aluminium Company Q3 FY26 results (Oct–Dec 2025) and concall
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.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 4,001 | 4,662 | 5,268 | 3,807 | 4,292 +7% | 4,731 +1% |
| EBITDA | 1,533 | 2,311 | 2,743 | 1,478 | 1,923 +25% | 2,173 −6% |
| Net profit | 1,046 | 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.





